(Ignore income taxes in this problem.) Oriental Company has gathered the following data on a proposed investment project: Investment in dcprcciable equipment ....... $200,000 Annual net cash flows .................................. $50,000 Life of the equipment ................................... Iii years Salvage value ................................................. $0 Discount rate ................................................. 10% The company uses straight-line depreciation on all equipment. The simple rate of return on the investment would be