To Calculate MIRR of the Project-
|Year||Deposit Amount||Compounding Factor @12%||Future Value|
Present Value of Cash Outflow =
Present Value of Cash Outflow = 232,142.86
MIRR = 10.61%
Therefore, Do Not Take Project because MIRR is less than Required rate of Return.
If you have any query related to question then feel free to ask me in a comment.Thanks.