Jerry Hall invested in a project that required an initial amount of $52,160, and returned cash inflows of $10,000 per year for 10 years. Use the partial table of the present value of an annuity of $1 in arrears is as follows: Year 2% 4% 6% 8% 10% 12% 14% 16% 10 7.983 8.111 7.360 6.710 6.145 5.650 5.216 4.833 What is the internal rate of return for this investment? For your answer, report the number without the percentage sign.