Consider the two mutually exclusive proposals, with a life of 5 years with MARR 12%
EOY. NCF(A). NCF(B)
0. -30000. -42000
1. 9300. 12625
2. 9300. 12625
3. 9300. 12625
4. 9300. 12625
5. 9300. 12625
Determine which alternative shoul the decision maker choose using the internal rate of return method.
refrain from using excel please.