Using the IRR
Function
Years
Cash Flows
0
($100,000)
1
$6,000
2
$7,000
3
$8,000
4
$9,000
5
$10,500
6
$11,500
7
$12,600
8
$15,000
9
$17,000
10
$70,000
Total
$66,600
IRR
<=== Use IRR funtion to calculate the Internal
Rate of Return of this Investment
Please format with two decimal places.