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Given the two mutually exclusive investment projects and the individual rate of return in the table, calculate the incremental rate of return and determine the

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Given the two mutually exclusive investment projects and the individual rate of return in the table, calculate the incremental rate of return and determine the range of MARR where Project 2 would be preferred over both Project 1 and "do-nothing". Project 1 Project 2 Incremental Cash Flow Year 0 $2,200 -$2,000 Year 1 $1,200 $1,200 Year 2 $1,600 $1,400 ROR 18.07% 18.88% Given the two mutually exclusive investment projects and the individual rate of return in the table, calculate the incremental rate of return and determine the range of MARR where Project 2 would be preferred over both Project 1 and "do-nothing". Project 1 Project 2 Incremental Cash Flow Year 0 $2,200 -$2,000 Year 1 $1,200 $1,200 Year 2 $1,600 $1,400 ROR 18.07% 18.88%

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