A present investment of $ 50,000 is expected to yield receipts of $ 8,330 a year for seven years What is the internal rate of return on this investment ( Show your calculations ) ...

A present investment of $ 50,000 is expected to yield receipts of $ 8,330 a year for

Question:

A present investment of $ 50,000 is expected to yield receipts of $ 8,330 a year for seven years. What is the on this investment? ( Show your calculations.)

Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment...