please solve by hand showing each step, no excel no solver

2. Advanced Modular Technology (AMT) typically exhibits net annual revenues that increase over a fairly long period. In the long run, an AMT project may be profitable as measured by IRR, but its simple payback period may be unacceptable. Evaluate this AMT project using the IRR method when the company MARR is 15% per year and its maximum allowable payback period is three years. What is your recommendation? Table 2: Data of the AMT investment. 3. Consider the following two mutually exclusive alternatives for reclaiming a deteriorating inner-city neighborhood (one of them must be chosen). a. If MARR is 15% per year, which alternative is better? b. What is the simple payback period for each alternative? c. If the MARR is 27.5% per year, which alternative is better? 6. An asset for drilling was purchased and placed in service by a petroleum production company. Its cost basis is $60,000, and it has an estimated MV of $12,000 at the end of an estimated useful life of 14 years. Compute the depreciation amount in the third year and the book value at the end of the fifth year of life by each of these methods. a. The Straight line method. b. The 200% declining balance method with switchover to straight line method