Mathew has purchased an investment for $6,805.83.. He will receive $10,000 5 years from today. What is the internal rate of return on his investment? OA. 9.40% OB. 47% OC. 10.36% OD. 8.00 % XIT
Mathew has purchased an investment for $6,805.83.. He will receive $10,000 5 years from today. What is the internal rate of return on his investment? OA. 9.40% OB. 47% OC. 10.36% OD. 8.00 % XIT
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 18PROB
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