just a question here . 3. Compute the rate of return for a project that has an initial cost of...

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just a question here . 3. Compute the rate of return for a project that has an initial cost of $40,000 and would providepositive cash flows of $6,000 the first year, $7,000 the second year, $8,000 the third year, $9,000the fourth year, $10,000 the fifth year, and $11,000 the sixth year.A.6.30%B. 7.46%C. 7.04D. 6.70%

3. Compute the rate of return for a project that has an initial cost of $40,000 and would provide

positive cash flows of $6,000 the first year, $7,000 the second year, $8,000 the third year, $9,000

the fourth year, $10,000 the fifth year, and $11,000 the sixth year.

A.6.30%

B. 7.46%

C. 7.04

D. 6.70%

3. Compute the rate of return for a project that has an initial cost of $40,000 and would provide

positive cash flows of $6,000 the first year, $7,000 the second year, $8,000 the third year, $9,000

the fourth year, $10,000 the fifth year, and $11,000 the sixth year.

A.6.30%

B. 7.46%