Question: using excels IRR function, please help with this question and show excel formulas. thanks! Two alternatives are being considered: B First Cost $9200 $5000 Uniform

using excels IRR function, please help with this question and show excel formulas.

thanks!

Two alternatives are being considered: B First Cost $9200 $5000 Uniform annual benefit 1850 1750 Useful life, in years 8 If the minimum attractive rate of return is 7%, which alternative should be selected? Use Incremental Rate of Return (IROR) method

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