please help, will give a thumbs up if correct

Roberts Hardware is adding a new product line that will require an investment of $1,512,000. Managers estimate that this investrnent will have a 10-year life and generate net cash inflows of $330,000 the first year, $280,000 the second year, and $240,000 each year thereafter for elght years. Assume the project has no residual value. Compute the ARR for the investment. Round to fwo 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], XX\%.)