What is the internal rate of return (IRR) of a project that costs $74,000 if it is

Question:

What is the internal rate of return (IRR) of a project that costs $74,000 if it is expected to generate $16,500 per year for six years?

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...

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