Jason Corporation has invested in a machine that cost $63. 000.that has a useful life of ten years.and that has no salvage value at the end of its useful life. The machine is being depreciated by the straight-line method.based on its useful life. It will have a payback period of seven years. Given these data.the simple rate of return on the machine is closest to: (Ignore income taxes in this problem.) (Round your answer to 1 decimal place.) 7% 1.8% 4.3% 24.3%