Finance Help: Billabong Tech uses the internal rate of return​ (IRR) to select projects.

Billabong Tech uses the internal rate of return​ (IRR) to select projects. Calculate the IRR for each of the following projects and recommend the best project based on this measure. Project​ T-Shirt requires an initial investment of ​$24 comma 000 and generates cash inflows of ​$9 comma 000 per year for 6 years. Project Board Shorts requires an initial investment of ​$27 comma 333 and produces cash inflows of ​$10 comma 000 per year for 7 years.

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