Current Attempt in Progress

Oriole Company is considering a long$-$term investment project called ZIR ZIP will require an investment of $$122,400.$ It will have a useful life of $4$ years and no salvage value. Annual revenues would increase by $$79\mathrm{.}892,$ and annual expenses $($excluding depreciation$)$ would increase by $$39\mathrm{.}500$ Oriole uses the straight$-$line method to compute depreciation expense. The company's required rate of return is $13\%$

Compute the annual rate of return.

Annual rate of return $\%$

Detaine whether the project is acceptable?

the project