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Most Company has an opportunity to invest in one of two new projects. Project $Y$ requires a $$335,000$ investment for new machinery with a six$-$year life and no salvage value. Project $Z$ requires a $$335,000$ investment for new machinery with a five$-$year life and no salvage value. The two projects yield the following predicted annual results. The company uses straight$-$line depreciation, and cash flows occur evenly throughout each year. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables provided.$)$

$3.$ Compute each project's accounting rate of return.

$\backslash$table$[[$Accounting Rate of Return$],[,$Choose Numerator:,I,Choose Denominator:,$=,$Accounting Rate of Return$],[,,1,,=,$Accounting rate of return$],[$Project $Y,,,,,0],[$Project Z$,,,,,0]]$