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Calculate the annual rate of return.( Round answer to 2 decimal places, e.g. 15.25%.) Current Attempt in Progress Ivanhoe Inc. is considering modernizing its production

Calculate the annual rate of return.( Round answer to 2 decimal places, e.g. 15.25%.)
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Current Attempt in Progress Ivanhoe Inc. is considering modernizing its production facility by investing in new equipment and selling the old equipment. The following information has been collected on this investment: Calculate the annual rate of return. (Round answer to 2 decimal places, e.g. 15.25\%.)

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