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Nu Things, Inc., is considering an investment in a business venture with the following anticipated cash flow results: EOY Cash Flow 0 1 2. 3

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Nu Things, Inc., is considering an investment in a business venture with the following anticipated cash flow results: EOY Cash Flow 0 1 2. 3 4 5 6 7 8 9 10 $60,000 $21,000 $20,000 $19,000 $18,000 $17,000 $16,000 $15,000 $14,000 $13,000 $12,000 $11,000 $10,000 $9,000 $8,000 $7,000 $6,000 $5,000 $4,000 $3.000 $2,000 11 12 13 14 15 16 17 18 19 20 Assume MARR is 20% per year. Based on an external rate of return analysis: Part a Determine the investment's worth. %

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