1 points Exercise 24-22A (Algo) Using Excel to compute IRR LO P4 Following is information on two alternative investments. Beachside Resort is considering building a new pool or spa. The company requires a 8% return from its investments. Initial investment Pool $ (172,000) Spa $ (117,000) eBook Net cash flows ins Year 1 41,200 33,200 Year 2 57,200 51,200 14 Year 3 81,495 67,200 Print Year 4 91,600 73,2001 Year 5 66,200 References 25,200 Compute the internal rate of return for each of the projects using excel functions. (Round your answers to 2 decimal places.) Pool Spa IRR %