Solve for IRR  0 = -100000 + 10000/(1+IRR) + 40000/(1+IRR) ^2 + 40000/(1+IRR) ^3 + 40000/(1+IRR) ^4 + 10000/ ( 1+ IRR) ^5

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter5: Probability: An Introduction To Modeling Uncertainty
Section: Chapter Questions
Problem 19P
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Solve for IRR 

0 = -100000 + 10000/(1+IRR) + 40000/(1+IRR) ^2 + 40000/(1+IRR) ^3 + 40000/(1+IRR) ^4 + 10000/ ( 1+ IRR) ^5

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