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Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $251,000 and will yield the

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Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $251,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 2 years, and it requires a 9% return on investments. (PV of $1, FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the table provided.) Period Cash Flow $ 48,000 53,500 75,600 95,500 126,700 Required 1. Determine the payback period for this investment. 2. Determine the break-even time for this investment 3. Determine the net present value for this investment Complete this question by entering your answers in the tabs below

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