Compute the mirr statistic for project

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Reference no: EM131914473

1. Compute the MIRR statistic for Project J if the appropriate cost of capital is 9 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project J Time: 0 1 2 3 4 5 Cash flow –$2,000 $650 $1,980 –$620 $600 –$200

2. Denise has her heart set on being a millionaire. What payment does Denise need to make at the end of each month over the coming 38 years at 6% APR to reach her retirement goal of $1.05 million?

Reference no: EM131914473

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