Question 5 of 6 > - / 1 View Policies Current Attempt in Progress Pierre's Hair Salon is considering opening a new location in French Lick, California. The cost of building a new salon is $297,000. A new salon will normally generate annual revenues of $68.245, with annual expenses (including depreciation of S39,000. At the end of 15 years the salon will have a salvage value of $76,000. Calculate the annual rate of return on the project. Annual rate of return e Textbook and Media Save for Later Attempts: 0 of 3 used Suben