I need help figuring out question B. I attached the question WITH the answer. I need someone to explain how they got .25%, in a different (if possible, simpler) way than the one provided in the solution, with full complete steps. Please and thank you :-)

Question ti [10 Marks] A prejeet will requires $10,000 investment at the beginning (t=0] and reeeives eash inrm.r at\" $2,000 from year 1 (t = l} with 5% grawt rate to perpetuity. The required return is 15%. Answer the fellewing questjans: a} What is the NPV af this prejeet'? [5 Marks] b] What is the [RR of this project? [5 Marks] a} NPV = INV + L = $10,000+ w = $10,000 R g 15% - 5% b] $2,000 =.1 :0 $ U'+IRR5% :0 ERR: 25%