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Please let me know what is process of answer too Fielding Hardware is adding a new product line that will require an investment of $1,530,000.

image text in transcribedPlease let me know what is process of answer too

Fielding Hardware is adding a new product line that will require an investment of $1,530,000. Managers estimate that this investment will have a 10 -year life and generate net cash inflows of $320,000 the first year, $270,000 the second year, and $225,000 each year thereafter for eight years. The investment has no residual value. Compute the ARR for the investment

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