discount rate is 14%. The project would provide net operating income each year as follows: Required: If the equipment's salvage value was $600,000 instead of $400,000, what would be the project's simple rate of return? (Round your answer to 2 decimal places.) Answer is complete but nut entirely correct. discount rate is 14%. The project would provide net operating income each year as follows: Required: If the equipment's salvage value was $600,000 instead of $400,000, what would be the project's simple rate of return? (Round your answer to 2 decimal places.) Answer is complete but nut entirely correct