Emma Company is considering a capital investment of $178,925 in additional equipment. The new equipment is expected to have a useful life of 8 years with no salvage value. Depreciation is computed by the straight-line method. During the life of the investment, annual cash flow is expected to be $14,793. Emma requires a 10% return on all new investments.

What is the Internal rate of return factor? (Hint: I am asking for the factor that would be used in the PVA table to look up the internal rate of return, I am not asking for the internal rate of return)

Answer to the nearest 3 decimals