Jogging gear is considering a project with an initial cash requirement of $238,400. the project will yield cash flows of $4,930 monthly for 65 months. what is the rate of return on this project?

First, we need to calculate for the total return of the project by multiplying 4,930 by 65. Doing so will give us an answer of $320,450. Then, we calculate the rate of return as shown below.
                     rate of return = ($320,450 / $238,400) x 100% 
                                             = 134.42%
Thus, the rate of return of the said project is approximately 134.42%.