a project with an initial cost of 63800 is expected to generate annual cash flow of 16580 for the next 6 years what is the Project's internal rate of return

We have:

Initial cost (PV) = 63800

Annual cash flow (Pmt) = 16580

N = 6

Since the cash flows are conventional in nature, we can use the following formula to calculate the IRR:

PV = Pmt x PVIFA (N, R)

63800 = 16,580 x PVIFA (6, R)

PVIFA (6, R) = 3.84800965

Solving for R using PV of annuity table, we get R = 9.4162%

Therefore, Internal rate of return would be 9.4162%.