How to estimate the internal rate of return, Financial Accounting

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How to estimate the internal rate of return

Internal Rate of Return Interpolation

Response to the following problem:

The company is considering whether to invest in a project with an initial cost of $538,000 that will provide annual net cash inflows of $82,500 for 10 years. Use interpolation to estimate the internal rate of return.

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Financial Accounting: How to estimate the internal rate of return

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Financial Accounting: How to estimate the internal rate of return

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