iew Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Swift Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by $133,500 and will increase annual expenses by $76,000 including depreciation. The oil well will cost $449,000 and will have a $11,000 salvage value at the end of its 10-year useful life. Calculate the annual rate of return. (Round answer to O decimal places, eg. 13%) Annual rate of return 24 % eTextbook and Media Sve for Later Attempts: 1 of 5 used Submit