You purchase machinery for $23,958 that generates cash flow of $6,000 for five years. What is the

Question:

You purchase machinery for $23,958 that generates cash flow of $6,000 for five years. What is the on the investment?
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...