Calculate the landfill projects internal rate of return to the nearest whole percent.

Jefferson County's Board of Representatives ls conslderIng the purchase of a slte for a new sanltary landfill. The purchase price for the site Is $234,000 and preparatory work w cost $88.080. The landfill would be usable for 10 years. The board hired a consultant, who estimated that the new landfill would cost the county $48,000 per year less to operate than the county's current landfill. The current landfill also w last 10 more years. For a landfill project, Jefferson County can borrow money from the federal government at a subsidized rate. The county's hurdle rate Is only 6 percent for this project