Question: Please answer the correct answer ASAP please calculation please Don't answer by pen paper please ASAP An indium-gallium-arsenide-nitrogen alloy developed at Sandia National Laboratory is

Please answer the correct answer ASAP please calculation please

Don't answer by pen paper please ASAP

Please answer the correct answer ASAP please calculation please Don't answer by

An indium-gallium-arsenide-nitrogen alloy developed at Sandia National Laboratory is said to have potential uses in electricitygenerating solar cells. The new material is expected to have a longer life, and it is believed to have a 40% efficiency rate, which is nearly twice that of standard silicon solar cells. The useful life of a telecommunications satellite could be extended from 10 to 15 years by using the new solar cells. What rate of return could be realized if an extra investment now of $950,000 would result in extra revenues of $450,000 in year 11,$500,000 in year 12 , and amounts increasing by $50,000 per year through year 15 ? The rate of return that could be realized was %

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