Practice problem A project requires $100,000 in initial investment and immediately pays $25,000. The next year this project requires additional investment of $50,000 and does not pay anything. In two year the project pays $150,000. The internal rate of return (i) for this project can be obtained by a) using a present worth factor. b) solving the ith degree polynomial equation. c) solving a quadratic equation. d) calculating an external rate of return.
Practice problem A project requires $100,000 in initial investment and immediately pays $25,000. The next year this project requires additional investment of $50,000 and does not pay anything. In two year the project pays $150,000. The internal rate of return (i) for this project can be obtained by a) using a present worth factor. b) solving the ith degree polynomial equation. c) solving a quadratic equation. d) calculating an external rate of return.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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Practice problem
A project requires $100,000 in initial investment and immediately pays $25,000. The next year this project requires additional investment of $50,000 and does not pay anything. In two year the project pays $150,000. The internal rate of return (i) for this project can be obtained by
a) using a present worth factor.
b) solving the ith degree polynomial equation.
c) solving a quadratic equation.
d) calculating an external rate of return.
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