ace hardware is adding a new product line that will require an investment of $1,454,000. Managers estimate that this investment will have a 10 year life in generate net cash inflows of 300,000 the first year, 290,000 the second year in 250,000 each year thereafter for eight years. Assume the project has no residual value.

Select the formula to enter the amount to calculate the APR for the new product line.

Ace Hardware is adding a new product ine that will require an investment of $1,454,000 Managers estimate that this investment will have a 10 -year life and gererate net casi infows of $300,000 the fist year, $200,000 the second year, and $250,000 each year thereafter for eight years. Assume the project has no residual value. Compute the ARR the investment. Round to two places. Select the formula, then enter the amounts to calculate the ARR (accounting rate of refurn) for the new product line (Round ARR to the nearest hundrocth percent fhwe decinal places 05%3 Ace Hardware is adding a new product ine that will require an investment of $1,454,000 Managers estimate that this investment will have a 10 -year life and gererate net casi infows of $300,000 the fist year, $200,000 the second year, and $250,000 each year thereafter for eight years. Assume the project has no residual value. Compute the ARR the investment. Round to two places. Select the formula, then enter the amounts to calculate the ARR (accounting rate of refurn) for the new product line (Round ARR to the nearest hundrocth percent fhwe decinal places 05%3