Assume that a company is considering parchasing a new piece of equipment for $240.000 that would have a useful life of 10 years and no salvage value. The new equipment would cost $20,000 per year to operate and it would replace an old plece of equipment that costs $59,000 per year to operate. The old equipment curtently being used could be sold for a salvage value of $40.000. The simple rate of seturn for the new equipment is closest to: Multipe Onoice 2000h 6784 750% 12007