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A $124,600 initial investment will generate the following present values of net cash flows. What is the break-even time for this investment? (PV of
A $124,600 initial investment will generate the following present values of net cash flows. What is the break-even time for this investment? (PV of $1. FV of $1, PVA of $1, and EVA of S1) (Round "Break-even time" answer to 1 decimal place.) Year Initial investment 1. 2. 3. 4. 5. Present Value of Net Cash Flows $ (124,600) 41,818 38,014 29,624 31,418 28,561 Cumulative Present Value of Net Cash Flows $ (124,600) (82,782) (44,767) (15,144) 16,274 44,836 Break-even time years
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