Help .3

Uchdorf company invested $9,560,000 in a new product line. The life cycle of the product is projected to be seven vears with the following net income stream: $360,000,5360,000,$600,000,$1,080,000,$1,200,000,52,520,000, and $1,444,000. Requlred: Calculate the ARR. Enter your answer as a decimal, do not convert to a percent. Round your answer to two decirmal places