Average Rate of Return The following data are accumulated by Watershed Inc. in evaluating two competing capital investment proposals: Project A Project z Amount of investment $60,000 $84,000 Useful life 4 years 5 years Estimated residual value 0 Estimated total income over the useful life $4,800 $14,700 Determine the expected average rate of return for each project. Round your answers to one decimal place. Project A 0.02 X % 0 Project 2 %