Question $32(3$ points$)$

Saved

Consider the following cash flow, the first number representing the initial $($beginning of first year$)$ number and the next $5$ numbers representing numbers for subsequent years $($in that order$).$ What is the approximate IRR of this cash flow?

$-$$$100,000,$$$56,000,-$$$20,000,$$$25,000,$$$60,000,$$$32,000$

$10\%$

$15\%$

$18\%$

$25\%$