Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $$50,000.$ The annual cash inflows for the next three years will be: Year $1,$$$25,000$; Year $2,$ $$23,000$; and Year $3,$ $$18,000.$

a$.$ Determine the internal rate of return.

b$.$ With a cost of capital of $18$ percent, should the equipment be purchas $f$ md$?$

Note: Use cell A$2$ to B$11$ from the given information to complete this questivin. Online Frame answer this question. Round your percentage answer to $2$ decimal places $($i$.$e$.,0\mathrm{.}1234$ should be considered as $12\mathrm{.}34.)$

Input area:

$\backslash$table$[[$Equipment cost$,-$$$50,000$