The steel factory is considering a project that will produce annual cash flows of $36,800, $45,500, $56,200, and $21,800 over the next four years, respectively. what is the internal rate of return if the initial cost of the project is $135,000?

rate of return is 7.56 %

Explanation:

given data

annual cash flows C1 = $36,800

annual cash flows C2 = $45,500

annual cash flows C3 = $56,200

annual cash flows C4 =  $21,800

initial cost  = $135,000

to find out

internal rate of return

solution

we will apply here initial cost formula for all annual cash flow that is express as

initial cost =     .......................1

here C is annual cash flow and r is rate of return

put here value and we get r

initial cost =

135000 =

solve it and we get

r = 0.0756

so rate of return is 7.56 %

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- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; burned it;