URGENT HELP NEEDED

Dinshaw Company is considering the purchase of a new machine. The invoice price of the machine is $78,446, freight charges are estimated to be $2,930, and installation costs are expected to be $7,630. The annual cost savings are expected to be $14,990 for 11 years. The firm requires a 22% rate of return. Ignore income taxes. What is the internal rate of return on this investment? (Round answer to 0 decimal places, e.g. 15%.)

Click here to view PV table.

Internal rate of return %