Lignin is a basic component of almost any plant that grows, so it is one of the most abundant organic compounds in the world. Almost anything derived from oil can be made out of lignin. The question is "can we do it cost-effectively and consistently?" A startup company has developed a process to derive plastics, carbon fiber and other advanced materials from lignin. The cash flow diagram for this process is shown below (in $ millions). If the company's hurdle rate (MARR) is 20% per year, is this a profitable undertaking?

O 30 1 20 2 10 3 + 10 + 20 5 30 6 40 50 60 7 8 9 N 1 2 3 4 5 6 7 8 9 10 Single Payment Compound Amount Present Factor Worth Factor To Find F Given P F/P 1.2000 1.4400 1.7280 2.0736 2.4883 2.9860 3.5832 4.2998 5.1598 6.1917 To Find P Given F P/F 0.8333 0.6944 0.5787 0.4823 0.4019 0.3349 0.2791 0.2326 0.1938 0.1615 Discrete Compounding; i = 20% Uniform Series Compound Amount Factor To Find F Given A F/A 1.0000 2.2000 3.6400 5.3680 7.4416 9.9299 12.9159 16.4991 20.7989 25.9587 Present Worth Factor To Find P Given A P/A 0.8333 1.5278 2.1065 2.5887 2.9906 3.3255 3.6046 3.8372 4.0310 4.1925 Sinking Fund Factor To Find A Given F A/F 1.0000 0.4545 0.2747 0.1863 0.1344 0.1007 0.0774 0.0606 0.0481 0.0385 Capital Recovery Factor To Find A Given P A/P 1.2000 0.6545 0.4747 0.3863 0.3344 0.3007 0.2774 0.2606 0.2481 0.2385 Uniform Gradient Gradient Present Worth Factor To Find P Given G P/G 0.0000 0.6944 1.8519 3.2986 4.9061 6.5806 8.2551 9.8831 11.4335 12.8871 Gradient Uniform Series Factor To Find A Given G A/G 0.0000 0.4545 0.8791 1.2742 1.6405 1.9788 2.2902 2.5756 2.8364 3.0739