Using the Tables Above,what Would Be the Internal Rate of Return

question 120

Multiple Choice

Using the tables above,what would be the internal rate of return of an investment that required an investment of $227,460 and would generate an annual cash inflow of $60,000 for the next 5 years?

• A) 6%
• B) 10%
• C) 12%
• D) cannot be determined from the data given

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Definitions:

Magnet Recognition Program

An accolade given to hospitals that satisfy a set of criteria designed to measure the strength and quality of their nursing.

Evidence-Based Practice

The conscientious use of current best evidence in making decisions about patient care, integrating individual clinical expertise with the best available external clinical evidence from systematic research.

Radiology Technicians

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An organization dedicated to providing services aimed at restoring a patient's health, function, or abilities to the fullest extent possible.