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Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $248.000 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 $248.000 and will yield the following expected cash flows. Management requires investments to have a payback period of 2 years, and it requires a 10% return on investments (PV of $1. Ey of $1. PVA of $1. and FVAL 5.1) (Use appropriate factor(s) from the table provided.) Period Cash Flow $ 47,100 52,200 76,000 05,600 125,500 3 5 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 Required 1 Required 2 Required 3 Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback period answer to 1 decimal place.) Year Cash inflow Cumulative Net Cash (outflow) Inflow (outflow) $ (248,000) 0 1 2 0 3 4 0 0 0 5 0 Payback period Required 2 > Required 1 Required 2 Required 3 Determine the break-even time for this investment. (Enter cash outflows with a minus sign. Round your break-even time answer to 1 decimal place.) Year Table factor Present Value of Cash Flows Cash inflow (outflow) (248,000) Cumulative Present Value of Cash Flows 0 $ 1 2 3 0 4 0 5 0 0 Break-even time Required 1 Required 2 Required 3 Determine the net present value for this investment. Net present value

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