You are going to start an online business selling heart shaped boxes over the internet. The new equipment and training will cost $60,000. You expect that the change will increase cashflows by $10,000 in the first year and $20,000 per year after that. You plan to run your business for 4 years will sell your business at the end of the final year for $30,000 (add this amount to your final year cashflow). Your cost of capital is 11%. Find the IRR
