revision mockForums › ACCA Forums › ACCA FM Financial Management Forums › revision mockThis topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts December 9, 2015 at 2:43 am #289393 kebeoriMemberTopics: 5Replies: 0☆A project requires an investment of $24,000 at time 0, and generates an inflow of $5,000 per year for 8 years (with the first inflow occurring in one years time).What is the Internal Rate of Return (to the nearest %)? December 9, 2015 at 8:41 am #289467 John MoffatKeymasterTopics: 57Replies: 54507☆☆☆☆☆The 8 year annuity factor must be 24,000 / 5,000 = 4.800Then look along the 8 year row in the annuity tables to see which interest rate gives 4.800AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In