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An initial investment of $60,000 in aqua corp is expected to pay off greatly, but not equally in each of the next five years. The

An initial investment of $60,000 in aqua corp is expected to pay off greatly, but not equally in each of the next five years. The company expects a small increase in operating income in year one $4625 but then steadily larger improvements and possibility in years two through five. 10,875, 19,000 21,250 and 25,625 respectively. year prior to this investment companies ARR was 9% and its tax rate was 20%. what level of a RR does this project provide round answer to two decimal places?

ARR ___%

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