A new project has the following predicted profits. The initial investment is $3,000,000. Yr Revenue 1 $200,000 2 $400,000 3 $600,000 4 $800,000 5 $1,200,000 6 $1,200,000 7 $1,400,000 8 $1,600,000 a) Determine the Rate of Return for the project. b) If your company's MARR is 12%, should you invest?