Nu Things, Inc. is considering an investment in a business venture with the following anticipated cash flow results: EOY Cash Flow 7 8 9 10 11 12 13 14,000 13,000 12,000 11,000 10,000 9,000 8,000 EOY 0 1 2 3 4 5 6 Cash Flow 2$70,000 20,000 19,000 18,000 17,000 16,000 15,000 EOY Cash Flow 14 7,000 15 6,000 16 5,000 17 4,000 18 3,000 19 2,000 20 1,000 Assume MARR is 20% per year. Based on an external rate of return analysis (1) determine the investments worth; (2) state whether or not your results indicate the investment should be undertaken; and (3) state the decision rule you used to arrive at this conclusion

Do not use excel for solutions please