Following is information on two alternative investments being considered by Jose Company. The company requires a 10% return from its investments.

	Project A					Project B
Initial investment		$	(166,000	)			$	(111,000	)
Expected net cash flows in:
Year 1			41,500					33,500
Year 2			57,500					51,500
Year 3			81,795					67,500
Year 4			91,900					67,500
Year 5			66,500					67,500

Compute the internal rate of return for each of the projects using excel functions. (Round your answers to 2 decimal places.) ProjectA ?%

ProjectB ?%