The following data are accumulated by Patterson Inc. in evaluating two competing capital investment proposals:Line Item DescriptionProject CProject TAmount of investment$$80,000$$$60,000$Useful life$4$ years$7$ yearsEstimated residual value$00$Estimated total income over the useful life$$7,200$$$18,900$Determine the expected average rate of return for each project. Round your answers to one decimal place.Line Item DescriptionPercentagesProject Cfill in the blank $1\%$Project Tfill in the blank $2\%$