Question 17 0.5 points Save Answer Ava Company projects an increase in net income of $22,698 each year for the next five years if it invests $99,571 in new equipment The equipment has a five-year life and an estimated salvage value of $6,801. What is the annual rate of return on this investment? Round your answer to 2 decimal places. Answer as a percentage. For example, if your calculation is .1056, your answer would be 10.56