Consider two mutually exclusive investment alternatives given in the table below. Click the icon to view the cash flows for the projects. (a) Determine the IRR on the incremental investment in the amount of $5,000. (Assume that MARR = 7%.) The rate of return on the incremental investment is %. (Round to two decimal places.) (b) If the firm's MARR is 7%, which alternative is the better choice? Choose the correct answer below. Project A2 Project A1 More Info n 0 1 Net Cash Flow Project A1 Project A2 -$16,000 - $21,000 $7,500 $6,000 $7,500 $15,000 $7,500 $8,000 19.19% 17.23% 2 3 IRR Print Done