An Entrepreneur Would Like to Buy a Piece of Equipment

question 30

Multiple Choice

An entrepreneur would like to buy a piece of equipment for his business.The equipment cost $50,000 and will increase cash flow by $20,000 each year for 5 years.What is his IRR?

• A)25.55%
• B)40.00%
• C)2)50%
• D)28.65%

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Definitions:

Query Design View

A feature in database management systems that allows users to create queries through a visual interface instead of writing code.

Run Button

A component of the user interface that initiates a program or process upon being clicked.

Toggle Filter

A toggle filter is a user interface feature that allows users to easily switch on or off a filter applied to data or content, such as in a spreadsheet or database.

Criteria

A set of standards or rules by which something can be judged or decided.