The following data are accumulated by Off Road Gear Inc. evaluating two competing capital investment proposals:

Line Item Description Testing Equipment Diagnostic Software

Amount of investment $$24,000$ $$28,000$

Useful life $4$ years $5$ years

Estimated residual value $$0$ $$0$

Estimated total income over the useful life $$2,880$ $$7,700$

Determine the expected average rate of return for each proposal. If required, round to one decimal place.

Testing Equipment $\_\_\_\_\_\%$

iagnostic Software $\_\_\_\_\_\%$