please do without excel, thanks

Year 1 3 4 5 6 8 Chapter 9 4) Suppose you are a financial manager for the Shah Corporation and trying to decide between the following two mutually exclusive projects: Project 1 0 2 7 9 10 CF -3,050,000 650,000 -233,000 899,000 486,000 898,000 -23,000 869,000 -955,000 898,000 996,000 Project 11 Year 0 2 3 4 5 6 7 8 9 10 CF -3,050,000 988,000 598,000 -29,000 468,000 412,000 -298,000 -156,000 855,000 876,000 501,000 The firm is facing capital rationing challenges. Given the current economic situation, the minimum required rate of return for both projects is 4.37%. Based on the given information, which project should you accept and why? Please show all the calculations by which you came up with the final answer. (8 Points)