Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments. Project A Project B Initial investment $(178,000) $(123,0DG) Expected net cash flows in: Year 1 44,500 35,500 Year 2 60,500 54,500 Year 3 84,795 70,500 Year 4 94,900 70,500 Year 5 69,500 70,500 Compute the internal rate of return for each of the projects using excel functions. {Round your answers to 2 decimal places.)