Question: table [ [ Project , Investment, table [ [ Annual ] , [ Income ] ] , table [ [ Life of

\table[[Project,Investment,\table[[Annual],[Income]],\table[[Life of],[Project]]],[22A,$240,300,$16,830,6 years],[23A,274,800,20,890,9 years],[24A,280,500,15,700,7 years]]
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. Crane Company uses the straight-line method of depreciation.
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(a)
Determine the internal rate of return for each project. (Round answers 0 decimal places, e.g.13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided.)
\table[[Project,\table[[Internal Rate of],[Return]],],[22A,,%],[23A,,%
 \table[[Project,Investment,\table[[Annual],[Income]],\table[[Life of],[Project]]],[22A,$240,300,$16,830,6 years],[23A,274,800,20,890,9 years],[24A,280,500,15,700,7 years]] Annual income is constant over the

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