What is the IRR in the following cash flow? (a) 12.95% (b) 11.95% (c) 9.05% (d) 10.05%

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What is the IRR in the following cash flow?

Year End Cash Flow ($) -3,345 1,100 1,100 1,100 1,100 2

(a) 12.95%

(b) 11.95%

(c) 9.05%

(d) 10.05%

(e) 11.05%

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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