A company invests $30,650 in a project which yields an income (positive cash flow) of $10,000 in the first year, $9,000 in the second, $8,000 in the third, ... etc ... and $1,000 in thetenth, alongwithanextra$10,000incomeatthee ndofyear10.Thecompany’sMARR is 10%. Determine the I RR and ERR of this project.

graph them on a graphing calculator, press 2nd trace. select intersect. hit enter until it says answer. ti 84 works best

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493 would be the correct answer

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it's 100

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22, 28, 34, 40, 46

b)   f(n) = 6n + 16

  n = what is the number of the row ( 22 would be row 1) so if we replaced n with 1, we would get 22

c)   the  14th  row will have 100 seats

(1)   (2)   (3)   (4)   (5)   (6)   (7)   (8)   (9)   (10) (11) (12) (13) (14)

22 | 28 | 34 | 40 | 46 | 52 | 58 | 64 | 70 | 76 | 82 | 88 | 94 | 100

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-3 degrees

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