ACE hardware is adding a new product line that will require an investment of 1454000. managers estimate that this investment will have a 10 year life and generate a net cash flow of 300,000 for the first year 290,000 the second gear and 250,000 each year after for eight years.

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

Ace Hardware is adding a new product line that will require an investment of $1,454,000. Managers estimate that this invesiment will have a 10 -year life and generate net cash inflows of $300,000 the first year, $200,000 the second year, and $250,000 esch year thereafter for eight years. Assurne the project has no residcial value. Compute the ARR for the investment. Round to two places. Select the formula, then enter the amounts to calculate the ARR (acoounting rate of return) for the new product line. (Round ARR fo the nearest hundredth percent [two decimal places], (% ) Ace Hardware is adding a new product line that will require an investment of $1,454,000. Managers estimate that this invesiment will have a 10 -year life and generate net cash inflows of $300,000 the first year, $200,000 the second year, and $250,000 esch year thereafter for eight years. Assurne the project has no residcial value. Compute the ARR for the investment. Round to two places. Select the formula, then enter the amounts to calculate the ARR (acoounting rate of return) for the new product line. (Round ARR fo the nearest hundredth percent [two decimal places], (% )