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Check Following is information on two alternative investments Beachside Resort is considering buliding a new pool or spa. The compan requires a 8% return from

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Check Following is information on two alternative investments Beachside Resort is considering buliding a new pool or spa. The compan requires a 8% return from its investments, Initial investment Net cash flows in: Pool $ (178,000) Spa $(123, eee) Year 1 Year 2 Year 3 Year 4 Year 5 41,800 57,800 82,095 92,2ee 66,800 33,800 51,800 67,800 73, 8ee 25, Bee Compute the internal rate of return for each of the projects using excel functions. (Round your answers to 2 decimal places) IRR Pool Spa % %

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