xercise 24-5 erre's Hair Salon is considering opening a new location in French uick C ornis. The cost of building a new salon is $319,900. A new salon will normally generate annual revenues of $69,350, with mual expenses (induding depreciation) of $39,500. At the end of 15 years the salon will have a salvage value of $78,100. lculate the annual rate of return on the project. (Round answer to decimal places, 125.) nnual rate of return Rick If you would like to show Work for this questions on Show Work TO TEXT