Question: 8) An engineering firm is doing design work on a client's project. It has $40,000 in expenses at the beginning of each month from

8) An engineering firm is doing design work on a client's project.

8) An engineering firm is doing design work on a client's project. It has $40,000 in expenses at the beginning of each month from January 2018 through December 2018. The client has agreed to the following payment schedule, if the firm meets milestone delivery dates. Use the XIRR function to find the IRR. Use spreadsheets Date Income 05/14/2018 150,000 08/06/2018 140,000 10/22/2018 110,000 01/01/2019 140,000 8) An engineering firm is doing design work on a client's project. It has $40,000 in expenses at the beginning of each month from January 2018 through December 2018. The client has agreed to the following payment schedule, if the firm meets milestone delivery dates. Use the XIRR function to find the IRR. Use spreadsheets Date Income 05/14/2018 150,000 08/06/2018 140,000 10/22/2018 110,000 01/01/2019 140,000

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