An investment has an installed cost of $54972. The cash flows over the four-year life of the investment are projected to be $18202, $20327, $18949, and $13403.
At what discount rate is the NPV just equal to zero? (Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35. Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16))