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Apple invested $10,495 in the current year to expand its manufacturing capacity. Assume that these assets have a 10-year life and generate net cash
Apple invested $10,495 in the current year to expand its manufacturing capacity. Assume that these assets have a 10-year life and generate net cash flows of $3,000 per year, and that Apple requires a 7% return on its investments. (Apple $s in millions.) (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Compute break-even time. 2. Compute the net present value of this investment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute break-even time. (Round "Break even time" answer to 1 decimal place.) Break-even time years This is a numeric cell, so please enter numbers only. Required 2 > Ch
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