Oriole Company is considering a long-term investment project called ZIP.ZIP will require an investment of $117,200. It will have a useful life of 4 years and no salvage value. Annual revenues would increase by $80,220, and annual expenses (excluding depreciation) would increase by $39,200. Oriole uses the straight-line method to compute depreciation expense. The company's required rate of return is 17%. Compute the annual rate of return. Annual rate of return % Determine whether the project is acceptable? the project. Save for Later Attempts: 0 of 3 used Submit