Ch 24: Homework i 18 QS 24-24 (Algo) Break-even time LO A1 6 points eBook Saved A $161,500 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.) Cumulative Present Value of Net Cash Flows Present Value of Year Net Cash Flows Initial investment $ (161,500) $ (161,500) 50,000 (111,500) 45,452 (66,048) 36,385 (29,663) 37,565 7,902 34,150 42,052 1. Hint 2. o References 3. 4. 5. Break-even time years