Mary, a project manager for ABC Inc., is reviewing a product quality improvement project. She has determined that the projects Annual Worth of $6,688. for a period of 8 years. She now has to calculate the IRR for the project but unfortunately she has lost some information about the cash flows. She knows only that the project has: a 8-year project life with an initial cost of $300,000. a set of equal revenue cash flows occurred at the end of each year for 8 years, and MARR used for calculation the Annual Worth was 6%. Find the annual revenue first and then calculate the IRR for the project = ? 14% < IRR (i*) < 15% 13% < IRR (i*) < 14% 10% < IRR (i*) < 11% 9% < IRR (i*) < 10% 8% < IRR (i*) < 9%