Mathematics, 12.09.2021 04:50, austintules2005

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.

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A company invests $30,650 in a project which yields an income (positive cash flow) of $10,000 in the...

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