You are offered a chance to buy an asset for 8,000 that is expected to produce cash flows of 1,000$ at the end of year 1, 1,000$ at the end of year 2, $2,000 at the end of year 3, and $5,000 at the end of year 4. What rate of return would you earn if you bought this asset?

PLEASE explain and if you know how to do on excel, also share please.