Charlie has a project for which he had determined a present worth of $$56,954.$ He now has to calculate the IRR for the project, but unfortunately he has lost complete

information about the cash flows. He knows only that the project has a five$-$year service life and a first cost of $$200,000,$ that a set of equal cash flows occurred at the

end of each year, and that the MARR used was $10$ percent. What is the IRR for this project?

Click the icon to view the table of compound interest factors for discrete compounding periods when $i=10\%.$

The IRR for the project is percent.

$($Round to one decimal place as needed.$)$