Answer to Question #266980 in Computer Networks for freshy

Question

A campus wireless installation project costs GH¢ 36,000 and is expected to generate cash inflows of 11,200 annually for five years. Calculate the IRR.

 Your company has been presented with a new proposal to develop a new school management system. The cost of the project development is $500,000. The probability of successful development is projected to be 70%. If the development is unsuccessful, the project will be terminated. If it is successful, the developer must then decide whether to begin developing a completely new school management system or modify an existing school management system. If the demand for the new school management system is high, the incremental revenue for the school management system is $1,200,000, and the incremental revenue for the modified school management system is $850,000. If the demand is low, the incremental revenue for the new school management system is $700,000, and the incremental revenue for the modified school management system is $720,000.

Answer 1

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