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QS 24-24 (Algo) Break-even time LO A1 A $182,000 initial Investment will generate the following present values of net cash flows. What is the break-even

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QS 24-24 (Algo) Break-even time LO A1 A $182,000 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.) Cumulative Present Value of Present Value of Net Cash Flows Net Cash Flows Year Initial investment. $ (182,000) $ (182,000) (127,455) 1. 54,545 2. 49,584 (77,871) 3. 40,142 (37,729) 4. 40,980 3,251 37,254 40,505 Break-even time. years

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