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Below Is a Table for the Present Value of $1

Question 38

Multiple Choice

Below is a table for the present value of $1 at Compound interest. Below is a table for the present value of $1 at Compound interest.   Below is a table for the present value of an annuity of $1 at compound interest.   Using the tables above, what would be the internal rate of return of an investment of $294,840 that would generate an annual cash inflow of $70,000 for the next 5 years? A)  6% B)  10% C)  12% D)  cannot be determined from the data given. Below is a table for the present value of an annuity of $1 at compound interest.
Below is a table for the present value of $1 at Compound interest.   Below is a table for the present value of an annuity of $1 at compound interest.   Using the tables above, what would be the internal rate of return of an investment of $294,840 that would generate an annual cash inflow of $70,000 for the next 5 years? A)  6% B)  10% C)  12% D)  cannot be determined from the data given. Using the tables above, what would be the internal rate of return of an investment of $294,840 that would generate an annual cash inflow of $70,000 for the next 5 years?


A) 6%
B) 10%
C) 12%
D) cannot be determined from the data given.

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