interest rate of 10% per year the net present value (NPV) of a project has been correctly calculated as P150. If the interest rate is increased by 1% the NPV of the project falls by P50. What is the internal rate of return of the project?

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ISBN:9781938168383
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Chapter6: Exponential And Logarithmic Functions
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Problem 6RE: Hsu-Mei wants to save 5,000 for a down paymenton a car. To the nearest dollar, how much will sheneed...
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Using an interest rate of 10% per year the net present value (NPV) of a project has been correctly calculated as P150. If the interest rate is increased by 1% the NPV of the project falls by P50.

What is the internal rate of return of the project?

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