flows given in the table below. What is the IRR of the project? (Use percent format and give two decimal places.) Year 0: -$12,000 Year 1:-$3,000 Year 2: $2,000 Year 3: $6,000 Year 4: $6,000 Year 5: $6,000 Year 6:-$2,000 Year 7: $6,000 Year 8: $6,000 Year 9: $6,000 Year 10: $6,000 Typed numeric answer will be automatically saved. 20.33

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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flows given in the table below. What is the IRR of the project? (Use
percent format and give two decimal places.)
Year 0: -$12,000
Year 1:-$3,000
Year 2: $2,000
Year 3: $6,000
Year 4: $6,000
Year 5: $6,000
Year 6:-$2,000
Year 7: $6,000
Year 8: $6,000
Year 9: $6,000
Year 10: $6,000
Typed numeric answer will be automatically saved.
20.33
Transcribed Image Text:flows given in the table below. What is the IRR of the project? (Use percent format and give two decimal places.) Year 0: -$12,000 Year 1:-$3,000 Year 2: $2,000 Year 3: $6,000 Year 4: $6,000 Year 5: $6,000 Year 6:-$2,000 Year 7: $6,000 Year 8: $6,000 Year 9: $6,000 Year 10: $6,000 Typed numeric answer will be automatically saved. 20.33
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