I am trying to use the IRR function on my Ti-89 to solve but do...
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I am trying to use the IRR function on my Ti-89 to solve but do not know how the cashflows are set into the function. (ignore the 50.56% I was getting desperate) Thanks for your time
Use factors and a spreadsheet to determine the interest rate per period from the following equation: 0 = -29,000 + 8,000 (P/A,1*,5) +8,000 (P/F,*,8) The interest rate per period is 50.56* %
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You can see the logs in the Dashboard.