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Can someone please help! The correct answer is 26% and I just can't get it. Below are the CFs of 2 design alternatives being considered.

image text in transcribed Can someone please help! The correct answer is 26% and I just can't get it.

Below are the CFs of 2 design alternatives being considered. initial cost Annual Cash flow Design A $3500 $1255 Design B $5000 $1480 useful life 4 (years) Based on a MARR of 12%, the incremental IRR is closest to 26% 20% 12% 24%

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