What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from today?
A) 19.91%
B) 16.67%
C) 15.84%
D) 22.09%

Name: What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from today? A) 19.91% B) 16.67% C) 15.84% D) 22.09%
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Question

Quizplus · Accepted Answer

Using a financial calculator:n = 6; PV = −$100,000; PMT = $30,000; FV = 0; CPT i = 19.91%

What Is the IRR for a Project That Costs $100,000