please help with BOTH of these! show work, no excel

thank you

There are two questions. 1 points> Assume that you are a vending machine dealer. You plan to purchase a vending machine for $200,000. One year later, you are expected to sell it back and receive $224,000 as cash. What is the IRR (internal rate of return) on this investment? Be sure to apply the definition of IRR and show your work. As it is a simple calculation, you do not need to use an excel spreadsheet. 1 points> In order to buy the vending machine above, you plan on borrowing $80,000 from Bank at 5% of interest rate and raise $120,000 from irvestors at 10% of cost of equity, are you going to accept this project? Discuss why you made the strategic decision. Be sure to apply 30% of tax rate when you calculate a weighted averaged cost of capital. Show your work as well