Answer:
IRR of the project is 18%
Explanation:
The first table showing the cash flows for the 10 years and the formula for computing the IRR.
The second table showing the IRR of the project, which is 18%.
Computing the IRR by using the excel formula, which as:
=IRR(values,guess)
where
values are from year 0 to year 10
guess will be 0
So,
=18%
NOTE: The cash flow of year 0 is negative because it is costs of the project, which is paid.
