Other
HW8_IRR (Internal Rate of Return) and Payback Period_EngEconomics
- Institution
- Rutgers University - New Brunswick/Piscataway
- Book
- Engineering Economy
IRR (Internal Rate of Return) and Payback Period are two common methods used to evaluate the financial viability of a project. IRR is a financial metric used to determine the rate at which the net present value (NPV) of a project equals zero. It represents the discount rate at which the present ...
[Show more]