Question: Please show work using a formula or financial calculator. No excel, thanks! Use formula or financial calculator only show work please. IIRR project has an

Please show work using a formula or financial calculator. No excel, thanks!

Use formula or financial calculator only show work please.

IIRR project has an initial cost of $44,925, expected net cash inflows of $15,000 per year for 12 years, and a cost of capital of so\%, What is the project's MtRR? (Jint: Begin by constructing a inse line,) Do not round intermediate calculations. Round your answer to two decimal places

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