A company is considering investing in Project X. The project requires an initial investment of $890,000 and is expected to generate the following cash flows at the end of each year. The cost of capital for the company is 10% p.a. Year 1 2 3 4 5 6 7 8 Cashflow $152,000 $152,000 $152,000 $152,000 $152,000 $152,000 $152,000 $263,000 Write down the equation that can be used to find the internal rate of return (IRR) for Project X. In your equation, use i to represent IRR. You do not need to solve the equation.