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The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Printer Truck Amount of investment $36,000 $24,000 Useful

The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals:

3D Printer Truck Amount of investment $36,000 $24,000 Useful life 4 years 5 years Estimated residual value 0 0 Estimated total income over the useful life $5,760 $6,600 Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place.

3D Printer= %

Truck= %

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