Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows:

$\backslash$table$[[$Project$,\backslash$table$[[$Investment$],[$Required$]],\backslash$table$[[$Present$],[$Value of$],[$Cash Inflows$]],\backslash$table$[[$Life of$],[$the$],[$Project$],[($years$)]],\backslash$table$[[$Internal$],[$Rate$],[$of Return$]]],[$A$,$$$180,000,$$$209,323,7,21\%$