Sandhill Company is considering three long$-$term capital investment proposals. Each investment has a useful life of $5$ years. Relevant data on each project are as follows.

$\backslash$table$[[,$Project Bono,Project Edge,Project Clayton$],[$tal inves,$$163,000,$$$180,000,$$$202,00$

C$.$ Commute the annual rate of return for each project

$1.$ Project Bono

$2.$Project Edge

$3.$Project Clayton