Question: Hello, I am having trouble with this question. I am using the HP 10bii+ calculator. A step by step instructions on using the calculator, not
Hello, I am having trouble with this question. I am using the HP 10bii+ calculator. A step by step instructions on using the calculator, not excel, will help me the most. I know the answer, just not how to enter it into the calculator to get the correct answer, i keep getting it wrong. Thank you!
| What is the IRR of the following set of cash flows? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Year | Cash Flow | ||
| 0 | $ | 16,600 | |
| 1 | 7,300 | ||
| 2 | 8,600 | ||
| 3 | 7,100 | ||
Once again, I know the answer just not how to get it using the HP 10bII+ financial calculator. Thank you for your help.
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