Solve completely with all steps

The following table shows the results of an analysis comparing investment alternatives. The target MAR M is 5%. Make a decision (whict alternative should be selected) based on the IRRs shown and calculated. Make an estimate for the using the compound int-rest tables, (Any points you will get here will not reflect your actual grades because we will need to check your notes and regrade them. If notes are wrong, you may still lose points.) 3+$3000+$2750250 4+$3000+$2750250 5+$3000+$2750250 Computed IRR