Use the Table for the Question(s)below

question 10

Multiple Choice

Use the table for the question(s) below.
Consider the following two projects with cash flows in $:
-The internal rate of return (IRR) for project B is closest to:

• A)21.6%.
• B)23.3%.
• C)42.9%.
• D)7.7%.

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Definitions:

Existential Instantiation

A logical rule that deduces the existence of at least one instance of a predicate from a general statement.

Symbolize

The act of representing objects, actions, or ideas through symbols or a system of notation.

Loves

An intense feeling of deep affection towards a person, place, thing, or concept.

Existential Generalization

A principle in logic where from a specific case, one infers the existence of cases or a generic form.