Question 5 View Policies Current Attempt in Progress Pierres Hair Salon is considering opening a new location in French Lick, California. The cost of building a new salon is $261,000. A new salon will normally generate annual revenues of $63.650, with annual expenses including depreciation of $40,200. At the end of 15 years the salon will have a salvage value of $74,000. Calculate the annual rate of return on the project. Annual rate of return Attempts: 0 of 7 used SANT Sneformater Previous earch hp