SOLUTION: I want to find the IRR by solving for r when the NPV is equal to zero. 24/(1+r)+32/(1+r)^2 -50=0 However I am geting trouble solvong for r. Any help and sugestions will be kind

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Question 435776: I want to find the IRR by solving for r when the NPV is equal to zero.
24/(1+r)+32/(1+r)^2 -50=0
However I am geting trouble solvong for r. Any help and sugestions will be kindly appreciated

Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!

Multiply both sides by





Use quadratic equation to solve






You can finish and check for math errors.

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