SOLUTION: can you please tell me how to isolate "irr" in the problem below. NPV = -1,000,000 + 150,000/irr i've gotten to this point below. 1,000,000 = 150,000/irr i'd appreciate

Algebra ->  Expressions-with-variables -> SOLUTION: can you please tell me how to isolate "irr" in the problem below. NPV = -1,000,000 + 150,000/irr i've gotten to this point below. 1,000,000 = 150,000/irr i'd appreciate      Log On


   

Question 33734: can you please tell me how to isolate "irr" in the problem below.

NPV = -1,000,000 + 150,000/irr
i've gotten to this point below.
1,000,000 = 150,000/irr
i'd appreciate as many steps as you can show regarding the isolation of "irr"
Regards,
Jim
Washington, DC
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
NPR+1,000,000= 150,000/irr
Multiply both sides by "irr" and divide both sides by "NPR+100,000"
to get:
irr= 150,000/[NPR+1,000,000]
Cheers,
Stan H.