Your company is considering a capital project that will require a net initial investment of $214,978. The project is expected to have a 7-year life and will generate an annual net cash inflow of $35,460. Using the present value tables, what is the internal rate of return?

Your company is considering a capital project that will require a net initial investment of $214,978. The project is expected to have a 7-year life and will generate an annual net cash inflow of $35,460. Using the present value tables, what is the internal rate of return? (Round answers to 0 decimal places, e.g. 25.) Click here to view the factor table. Internal Rate of Return % Present value of $1 received in n periods. Present value of an annuity of $1 per period