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QS 24-24 (Algo) Break-even time LO A1 A $104,100 initial investment will generate the following present values of net cash flows. What is the
QS 24-24 (Algo) Break-even time LO A1 A $104,100 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 Present Value of Net Cash Flows Net Cash Flows Year Initial investment 1. 2. 3. 4. 5. Break-even time $ (104,100) 37,273 $ (104,100) (66,827) 33,882 (32,945) 25,867 (7,078) 28,003 20,925 25,457 46,382 years
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