Acme Engineering is evaluating $10$ projects for next year's capital budget investments. Their corporate

MARR is set at $12\%$ and all projects have a $10-$year life:

$1.$Calculate the IRR for every project

$2.$If money is not a problem which projects should be approved?

$3.$Rank order all the acceptable projects according to IRR

$4.$If only $$450,000$ is available for the budget which projects should be approved?