Question: For the cash flows given below, find the ERR when the external reinvestment rate is = 12% (equal to the MARR). Year 0 1 2
For the cash flows given below, find the ERR when the external reinvestment rate is = 12% (equal to the MARR).
| Year | 0 | 1 | 2 | 3 | 4 |
| Cash Flow | -$15,000 | -$7,000 | $10,000 | $10,000 | $10,000 |
NOTE: Please solve it in detail steps for my understanding --
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