Management of Richard Miller, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $486.543. They project that the cash flows from this investment will be $112.420 for the next seven years. If the appropriate discount rate is 14 percent, what is the IRR that Richard Miller management can expect on this project? (Do not round discount factors. Round other intermediate calculations to O decimal places eg. 15 and final answer to 2 decimal places, eg 5.25%) IRR is 96