Question: and $ 2 3 0 , 0 0 0 each year thereafter for eight years. Assume the project has no residual value. Compute the ARR

and $230,000 each year thereafter for eight years. Assume the project has no residual value. Compute the ARR for the investment. Round to two places.
Select the formula, then enter the amounts to calculate the ARR (accounting rate of return) for the new product line. (Round ARR to the nearest hundredth percent [two decimal places],xxx%)
= ARR
1=
and $230,000 each year thereafter for eight years. Assume the project

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