Question: EXCEL SOLUTION NEEDED: EXCEL FORMULA ONLYPLEASE The internal rate of return (IRR) is the rate of returnfor a series of cash flows that results in

EXCEL SOLUTION NEEDED: EXCEL FORMULA ONLYPLEASE

The internal rate of return (IRR) is the rate of returnfor a series of cash flows that results in a zero NPV. Excel's IRRfunction easily computes the IRR for a series of cashflows.

What is the IRR for the project with the following cashflows?

tCash flow
0 $ (30,000)
1 8,000
2 10,000
3 11,000
4 17,000
5 12,000

IRR:

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