The rate of return for the following cash flow is closest to: If the file failed to load, click https://www.dropbox.com/s/nuxqnt15nak2kdc/ROR-FE1.jpg If you decided to use Excel to solve this problem, be aware that you will need to solve in by hand in Exam 2. Year 0 Cash Flow - $15,000 1 0 2 $2,500 3 $5,000 4 $7,500 5 $10,000 10% 12% 14% 16%

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Question
The rate of return for the following cash flow is closest to:
If the file failed to load, click https://www.dropbox.com/s/nuxqnt15nak2kdc/ROR-FE1.jpg
If you decided to use Excel to solve this problem, be aware that you will need to solve in by hand in Exam 2.
Year
0
Cash Flow
- $15,000
1
0
2
$2,500
3
$5,000
4
$7,500
5
$10,000
10%
12%
14%
16%
Transcribed Image Text:The rate of return for the following cash flow is closest to: If the file failed to load, click https://www.dropbox.com/s/nuxqnt15nak2kdc/ROR-FE1.jpg If you decided to use Excel to solve this problem, be aware that you will need to solve in by hand in Exam 2. Year 0 Cash Flow - $15,000 1 0 2 $2,500 3 $5,000 4 $7,500 5 $10,000 10% 12% 14% 16%
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