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QS 24-24 (Algo) Break-even time LO A1 A $177,900 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 $177,900 initial investment will generate the following present values of net cash flows. What is the break-even time for this investment? (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Round "Break-even time" answer to 1 decimal place.) Year Initial investment 3. Present Value of Net Cash Flows (177,900) 53,636 48,758 39,391 40,297 36,633 Break-even time Cumulative Present Value of Net Cash Flows (177,900) (124,264) (75,506) (36,115) 4,182 40,815 years
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