Question: QUESTION 4 Dan invests 5000 into a fund at time and receives payments of 600 at the end of periods 1 - 3, and a

QUESTION 4 Dan invests 5000 into a fund at time and

QUESTION 4 Dan invests 5000 into a fund at time and receives payments of 600 at the end of periods 1 - 3, and a payment of 650 at the end of period 4, a payment of 700 at the end of period 5, a payment of 750 at the end of period 6, increasing each payment's size by 50 each period, resulting in a payment of 1050 at the end of period 12. Find the internal rate of return of this investment. Give your answer as a percentage rounded to four places (i.e. X.XXXX%). Do not include the percent sign in BlackBoard. Note: You need a financial calculator with a cash-flow worksheet to do this one. You could also find online tools for this

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