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Average Rate of Return

The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals:

	3D Printer		Truck
Amount of investment	$40,000			$88,000
Useful life	4 years			5 years
Estimated residual value	0			0
Estimated total income over the useful life	$4,400			$20,900

Determine the expected average rate of return for each proposal. If required, round your answers to one decimal place.

3D Printer	fill in the blank 1 %
Truck	fill in the blank 2 %