QS 24-24 (Algo) Break-even time LO A1 A $169,700 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.) Year Initial investment 1. 2. 3. 4. 5. Present Value of Net Cash Flows $ (169,700) 51,818 47,105 37,888 38,931 35,391 Break-even time Cumulative Present Value of Net Cash Flows $ (169,700) (117,882) (70,777) (32,889) years 6,042 41,433