Iggy Company is considering three capital expenditure projects. Relevant data for the projects are as follows.

Project	Investment	Annual Income	Life of Project
22A	$240,000	$15,500	6 years
23A	$270,000	$20,600	9 years
24A	$280,000	$15,700	7 years

Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Iggy Company uses the straight-line method of depreciation. A) Determine the internal rate of return for each project

Project	Internal Rate of Return
22A	?? %
23A	?? %
24A	?? %

B) If Iggy Companys required rate of return is 10%, which projects are acceptable? Thanks in advance. Can you also please show your work because I want to learn this topic