Crowl Corporation is investigating automating a process by purchasing a machine for $793,800 that would have a 9 year useful and no salvage value. By automating the process, the company would save $133,000 per year in cash operating costs. The new machine would replace some old equipment that would be sold for scrap now, yielding $21,200. The annual depreciation on the new machine would be $88,200. The simple rate of return on the investment is closest to ignore income taxes.): (Round your answer to 1 decimal place.) 512