You are evaluating two projects with the following cash flows:

Year Project X Project Y

$0-$$$547,800-$$$517,000$

$1$ $$218,500$ $$208,200$

$2$ $$228,400$ $$218,000$

$3$ $$235,600$ $$225,900$

$4$ $$195,300$ $$186,700$

What is the crossover rate for these two projects?