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(Algo) Break-even time LO A1 A $157,400 initial investment will generate the following present values of net cash flows. What is the break-even time
(Algo) Break-even time LO A1 A $157,400 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 FVA of $1) (Round "Break-even time" answer to 1 decimal place.) 2. 3. 4. Year Present Value of Net Cash Flows Initial investment $ (157,400) 1. 49,091 44,626 35,634 36,882 33,529 Break-even time Cumulative Present Value of Net Cash Flows $ (157,400) (108,309) (63,683) (28,049) years 8,833 42,361
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