This set of problems is designed to be calculated using the Excelor financial calculator. Do not use financial tables to calculate these problems. Do not use algebraic formulas to calculate these problems. Question 3 (1 point) Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $502,100 Year 1: 175,200 Year 2: 122,900 Year 3: 137,800 Year 4: 145,300 Year 5: 147.100 Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box) You should use Excel or financial calculator Your Answer: Answer units Next Page Page 3 of 5