Acompany is considering buying a new piece of machinery that costs $8m and has a salvage value of $1.5m at the end of its 10-year useful life. the machinery nets $2.3m per year in annual revenues. marr = 10%. the internal rate of return (irr) on this investment is approximately

there are many solutions.

step-by-step explanation:

step 1: simplify both sides of the equation.

4x+6=4x^2+10x−4

step 2: subtract 4x^2+10x-4 from both sides.

4x+6−(4x^2+10x−4)=4x^2+10x−4−(4x^2+10x−4)

−4x^2−6x+10=0

step 3: factor left side of equation.

−2(2x+5)(x−1)=0

step 4: set factors equal to 0.

x=-5/2 or x=1

see explanation

step-by-step explanation:

since the sequence is geometric there is a common ratio r between consecutive terms, that is

r = 4 ÷ - 2 = - 2

r = - 8 ÷ 4 = - 2

r = 16 ÷ 8 = - 2

the next term - 13 must be incorrect as it should be - 32 for the sequence to be geometric.

the first 4 terms are therefore geometric with common ratio r = - 2