PNPV and IRR:
Equal Annual Net Cash Inflows
Apache Junction Company is evaluating a capital expenditure proposal that requires an initial investment of $34,520, has predicted cash inflows of $8,000 per year for 15 years, and has no salvage value.
(a) Using a discount rate of 16 percent, determine the net present value of the investment proposal.(Round to the nearest whole number.)
$ Answer
(b) Determine the proposal's internal rate of return.
Answer %
(c) What discount rate would produce a net present value of zero?
Answer %
Could you please explain how to get the IRR on a BA II plus financial calculator?