Question 12.4: How to Calculate Internal Rate of Return with Uniform Cash F...

Managerial Accounting The Cornerstone of Business Decision-Making

How to Calculate Internal Rate of Return with Uniform Cash Flows

Assume that a hospital has the opportunity to invest $205,570.50 in a new ultrasound system that will produce net cash inflows of $50,000 at the end of each of the next 6 years.

Required:

Calculate the IRR for the ultrasound system

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