An entrepreneur is considering a new venture that requires an initial investment of $50,000. The venture is expected to generate $10,000 in the first year, $15,000 in the second year, $20,000 in the third year, $25,000 in the fourth year, and $30,000 in the fifth year. The cost of capital is 10%.

Requirements:

1. Compute the NPV of the venture.
2. Determine the IRR.
3. Calculate the Profitability Index.
4. Establish the Payback Period.
5. Decide whether the venture is worthwhile based on the computed metrics.