using the data from project S and T, conduct an Incremental IRR analysis and select the correct answer. MARR is 10% per year

Using the data for Project S and Project T below, conduct an incremental IRR Analysis and select the correct answer S -75,000 -3,000 First Cost -50,000 Annual Cost -9,300 Salvage 5,000 Value Life 5 8,000 5 O IRR is above 10% Choose S O IRR is above 10% Choose T O IRR is below 10% Choose S O IRR is below 10% Choose T