public class FinanceIrrEx1 extends Object
Computes the internal rate of return on an investment.
A farmer buys 10 young cows and a bull for $4500. The first year he does not expect to sell any calves, he just expects to feed them. Thereafter, he expects to be able to sell calves to offset the cost of feed. He expects them to be productive for 9 years, after which time he will liquidate the herd. The internal rate of return is computed after 9 years.Constructor and Description |
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FinanceIrrEx1() |
public static void main(String[] args)
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