Correct Answer: 30,984

Excel solution please

"The initial investment for a project is $93,000. The project will last for 5 years and can be salvaged for $15,810 at the end of 5 years. The annual expenses for the project are $5,900 in year 1 and increase at an annual rate of 3% in each year of the project. Assume the annual revenue remains the same in each of the 5 years. What does the annual revenue need to be in order for the internal rate of return of the project to equal 14.1%