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Nu Things, Inc., is considering an investment in a business venture with the following anticipated cash flow results: Cash Flow EOY 0 -$80,000 $30,000 1
Nu Things, Inc., is considering an investment in a business venture with the following anticipated cash flow results: Cash Flow EOY 0 -$80,000 $30,000 1 $29,000 2 $28,000 3 $27,000 $26,000 6 $25,000 $24,000 7 $23,000 8 $22,000 $21,000 10 $20,000 11 $19,000 12 13 $18,000 $17,000 14 $16,000 15 $15,000 16 $14,000 17 18 $13,000 19 $12,000 20 $11,000 Assume MARR is 20% per year. Based on an external rate of return analysis Determine the investment's worth. Carry all interim calculations to 5 decimal placess and then round your final answer to 1 decimal place. The tolerance is 0.2. State the decision rule you used to arrive at this conclusion State whether or not your results indicate the investment should be undertaken
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