A company has a potential project requiring an outlay of $$20m$ that will produce cash flows of $$7m$ per year for the next $6$ years. What is the IRR of the project if the required rate of return is $10\%$ pa$.$

$0=-$$$20m+$$$7m[\frac{1-(1+\text{I}\text{R}\text{R}{)}^{-6}}{\text{I}\text{R}\text{R}}]$