Question 1 Extra c

A $100,000 initial investment will generate the following present values of net cash flows. What is the breakeven 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 Cumulative Present Value of Present Value of Net Cash Flows Net Cash Flows $ (104,100) $ (104,100) 37,273 (66,827) 33,882 (32,945) 25,867 (7,078) 28,003 20,925 25,457 46,382 Break-even time years