Question: need help please. i got the equation but indont know how to solve for R? please write out all work so i can understand. thank

need help please. i got the equation but indont know how to solve for R? please write out all work so i can understand. thank you

Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $44,000. The annual cash inflows for the next three years will be: Cash Flow $ 22,000 20.000 15,000 Year 2 3 Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the financial calculator method. a. Determine the internal rate of return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) % Intemal rate of returni b. With a cost of capital of 11 percent, should the equipment be purchased? C Yes No

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