Can someone please help me with this question? If you can please add in the steps and formulas used it would be greatly appreciated! (will give Like to correct answer) thank you :)

* Your answer is incorrect. Iggy Company is considering three capital expenditure projects. Relevant data for the projects are as follows. 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. Click here to view the factor table. (a) Determine the internal rate of return for each project. (Round answers 0 decimal places, es. 13\%. For colculation purposes, use 5 decimal places as displayed in the factor table provided.) 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. Click here to view the factor table. (a) Determine the internal rate of return for each project. (Round answers 0 decimal places, es. 13%. For calculation purposes, use 5 decimal places as displayed in the foctor table provided.) (b) If Iggy Company's required rate of return is 11%, which projects are acceptabile? The following project(s) are acceptable