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Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $241,000 and will yield the
Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $241,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 3 years, and it requires a 7% return on investments. V ofSLEV of $1 PVA of $1 and AA ofsn use appropriate factors from the table provided.) Period Cash Flow 47,200 53,800 75,280 95,600 127,800 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 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.) Cash inflow Cumulative Net Cash Inflow Year (outflow) outflow) $ (241,000) Payback period Complete this question by entering your answers in the tabs below Required 1Required 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.) Present Value of Cumulative Cash Flows Present Value Cash Flows Cash inflow Table factor Year outflow) (241,000) Break-even time- Complete this question by entering your answers in the tabs below. Required 1 Required 2Required 3 Determine the net present value for this investment. t present value
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