Question: If a person invests 11000 $ now into a project that will return net revenue of 1800 $ at the end of each year for

 If a person invests 11000 $ now into a project that

If a person invests 11000 $ now into a project that will return net revenue of 1800 $ at the end of each year for 14 years, what is the external rate of return (ERR) of his investment, if his reinvestment rate (E) is 10% per year? 18.36% 7.46 % 11.48 % can't be solved O 11.25 % 12.63 %

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