Question on IRR (Interest rate of return)

label Business & Finance
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

A project has an initial outlay of $1,939. It has a single cash flow at the end of year 5 of $4,276. What is the internal rate of return (IRR) for the project?

Round the answer to two decimal places in percentage form. 

Sep 23rd, 2015

Thank you for the opportunity to help you with your question!

The following attached files contains complete solution to the question.

Years Cash Flow
0  $ (1,939.00)
1  $  - 
2  $  - 
3  $  - 
4  $  - 
5  $  4,276.00
IRR 17%
IRR.xlsx 

Please let me know if you need any clarification. I'm always happy to answer your questions.
Sep 23rd, 2015

Hi can you explain your calculations please, thanks. 

Sep 23rd, 2015

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