Valeria Company has invested in a machine that cost $75,000, that has a useful life of six years, and that has salvage value at the end of its useful life. The machine is being depreciated by the straight-line method, based on its useful life. It will have a payback period of four years. Given these data, the simple rate of return on the machine is closest to (Ignore income taxes.): (Round your answer to 1 decimal place.) Multiple Choice 4.7% O 5.8% o 8.3% O 41.7%