Could the answer be shown not utilizing excel. thanks

Problem 8_{Question Value: 4} The following cash flows result from a potential construction project for your company: 1. Receipts of $520,000 at the start of the contract and $1,200,000 at the end of the fourth year 2. Expenditures at the end of the first year of $400,000 and at the end of the second year of $900,000 3. A net cash flow of $0 at the end of the third year. Using an appropriate rate of return method (Approximate ERR), for a MARR of 20%, should your company accept this project (Perform all calculations using 5 significant figures and round your answer to one decimal place. Also remember that text answers are case-sensitive)? Answers entered using text are case sensitive! What is the approximate ERR for this project? Number % [3/4] Should your company undertake this project? (Enter either 'Yes' or 'No'): 09 (174) (Please note that you may retry this assignment up to 5 times. You will have to click grade after each attempt of the entire assignment and immediately after you do you will be able to view the question solution using the 'View Details' button in the top left of the screen. The grade of your best attempt for the entire assignment is the one that will be recorded for this assignment.) Problem 8_{Question Value: 4} The following cash flows result from a potential construction project for your company: 1. Receipts of $520,000 at the start of the contract and $1,200,000 at the end of the fourth year 2. Expenditures at the end of the first year of $400,000 and at the end of the second year of $900,000 3. A net cash flow of $0 at the end of the third year. Using an appropriate rate of return method (Approximate ERR), for a MARR of 20%, should your company accept this project (Perform all calculations using 5 significant figures and round your answer to one decimal place. Also remember that text answers are case-sensitive)? Answers entered using text are case sensitive! What is the approximate ERR for this project? Number % [3/4] Should your company undertake this project? (Enter either 'Yes' or 'No'): 09 (174) (Please note that you may retry this assignment up to 5 times. You will have to click grade after each attempt of the entire assignment and immediately after you do you will be able to view the question solution using the 'View Details' button in the top left of the screen. The grade of your best attempt for the entire assignment is the one that will be recorded for this assignment.)