Crenshaw Enterprises has gathered projected cash flows for two projects.

Year Project I Project J

$0$$ $268,000$$ $268,000$

$1113,20095,800$

$2106,600100,800$

$390,600102,800$

$479,600109,800$

At what interest rate would the company be indifferent between the two projects?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$