PLEASE COMPLETE WITHOUT USING EXCEL. PLEASE SHOW CALCULATIONS BY HAND. HOW TO FIND THE IRR FOR EACH A AND B SHOW FORMULA AND CALULATE.

DO NOT USE EXCEL FOR ANSWERS PLEASE SHOW FORMULA AND HAND CALCULATIONS. I KNOW HOW TO USE EXCEL BUT NEED HAND CALCULATIONS FOR EACH

Consider two investments A and B with the sequences of cash flows given in Table. TABLE 37 Net Cash Flow n Project A Project B 01-$125,000-$110,000 1 30,000 20,000 2 30,000 20,000 3 120,000 130,000 (a) Compute the IRR for each investment. (b) At MARR = 15%, determine the acceptability of each project. (c) If A and B are mutually exclusive projects, which project would you select based on the rate of return on incremental investment