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Apple invested 510.495 in the current year to expand its manufacturing capacity. Assume that these assets have a 10-year life and generate net cosh flows

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Apple invested 510.495 in the current year to expand its manufacturing capacity. Assume that these assets have a 10-year life and generate net cosh flows of $3,000 per yeac, ond that Apple requires a 7% retum on its investments. (Apple \$s in millions.) (PV of \$1, FV eES1. PVA of 51, and EVA of S0 (Use appropriate factor(s) from the tables provided.) Required: 1. Compute breakiceven time 2. Compute the netpresent volue of this investment Complete this question by entering your answers in the tabs below. Compute break-even time, (Round "Break tiven time" answer to 1 decimal place.) Apple invested $10,495 in the current year to expand its manufacturing capacity. Assume that generate net cash flows of $3,000 per year, and that Apple requires a 7% return on its investm 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. Compute the net present value of this investment. (Enter your answer in millions.) Sonsung invited 521366 in the cument yee to evpesd is manufacturing copecivy Amume that these assets hove an B-year life and Resuived Conpuse break tven time (Round "Birek even bime" anawer to 1 decimal plece)

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