Question: Pls help answer this without Excel. I got this incorrect. A real estate property has the following expected cash flows: YEAR CASH FLOW 0 -$94,275.00

Pls help answer this without Excel. I got this incorrect.

A real estate property has the following expected cash flows:

YEAR	CASH FLOW
0	-$94,275.00
1	$10,495.00
2	$25,551.00
3	$52,518.00
4	$39,838.00

The investor wants to earn at least 5.00% on any real estate property.

What is the IRR of this investment?

Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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