Question: Show how you got the answer through calculator only please, we are not allow to use excel during the test. Project Boyaz is expected to

Show how you got the answer through calculator only please, we are not allow to use excel during the test.

Project Boyaz is expected to generate $24,000 each year for the next four years. It will cost $60,000 to implement the project today. If the projects required rate of return is 12%, what is its internal rate of return?

		11.59%
		14.40%
		18.93%
		21.86%

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