14. help asap! thanks

Sunland's Hair Salon is considering opening a new location in French Lick, California. The cost of building a new salon is $271,000. A new salon will normally generate annual revenues of $64,015, with annual expenses (including depreciation) of $41.200. At the end of 15 vears, the salon will have a salvage value of $80,000 Calculate the annual rate of return on the project. Annual rate of return \%