Nu Things, Inc., is considering an investment in a business venture with the following anticipated cash flow results:

Assume MARR is 20 percent per year. Based on a present worth analysis, (1) determine the investment’s 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.

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Cash Cash Cash EOY Flow EOY Flow EOY Flow 0 -$70,000 7 14,000 14 7,000 1 20,000 8 13,000 15 6,000 2345 19,000 9 12,000 16 5,000 18,000 10 11,000 17 4,000 17,000 11 10,000 18 3,000 16,000 12 9,000 19 2,000 6 15,000 13 8,000 20 1,000