Table 6

Calculation of IRR

ABCDEFG
1InvestmentEstimated net profit in the next 5 yearsIRR per year
2−R$173,270.00R$346,540.00R$346,540.00R$346,540.00R$346,540.00R$346,540.00199.17&%

Source(s): The authors (2021)

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