could you please explain?

Feedback Check My Work Subtract the expenses from the revenues to determine net cash flow for each year. Since this is an annuity cash flow, use the appropriate table to look up the present value factor for the project life and required rate of return. Part Six APPLY THE CONCEPTS: Internal rate of return The Underwood purchasing department has made revisions to their costs and annual cash flows for Project A and Project B, as outlined below. Project A Project B Project A's revised investment is $256,600. The Project B's revised investment is $116,700. project's life and cash flow have changed to 6 The project's life and cash flow have changed years and $55,500, respectively, while expenses to 5 years and $85,000 while expenses have been eliminated. reduced slightly to $55,000. Compute the internal rate of return factor for Project A and Project B and then identify each project's corresponding percentage from the PV ordinary annuity table. Note: Enter the IRR factor, to 5 decimal places. Project A: The calculated IRR factor is 3.6234 X and this value corresponds to which percentage in the present value of ordinary annuity table? 8 1% Project B: The calculated IRR factor is and this value corresponds to which percentage in the present value of ordinary annuity table? * % deb946a8-2cb5-47ac-88c2-3 Feedback C cxp-cdn.cengage.info/pr... * Paused Check My Work YouTube M Gmail Calendly HCMS - Login Page Other Bookmarks As done in a prior section, divide the for resides on the row corresponding to the project life. Present Value of an Annuity of $1 at Compound Interest Year 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% Feedback 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 0.885 0.877 0.870 1.859 1.833 1.808 1.783 1.759 1.736 1.713 1.690 1.668 1.647 1.626 Check My Work 2.723 2.673 2.624 2.577 2.531 2.487 2.444 2.402 2.361 2.322 2.283 Partially correct 3.546 3.465 3.387 3.312 3.240 3.170 3.102 3.037 2.974 2.914 2.855 4.329 4.212 4.100 3.993 3.890 3.791 3.696 3.605 3.517 3.433 3.352 5.076 4.917 4.767 4.623 4.486 4.355 4.231 4.111 3.998 3.889 3.784 5.786 5.582 5.389 5.206 5.033 4.868 4.712 4.564 4.423 4.288 4.160 Check My Work 6.463 6.210 5.971 5.747 5.535 5.335 5.146 4.968 8 4.799 4.639 4.487 Next a g 7.108 6.802 6.515 6.247 5.995 5.759 5.537 5.328 5.132 4.946 4.772 7.722 7.360 7.024 6.710 6.418 6.145 5.889 5.650 5.426 5.216 5.019 Email Instructor Save and Exit Submit Assignment for Grading