A $141,000 Initial Investment will generate the following present values of net cash flows. What is the break-even time for this Investment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Round "Break-even time" answer to 1 decimal place. Year Initial investment 1. 2. 3. 4. 5. Break-even time Cumulative Present value of Present value of Net Cash Flows Net Cash Flows $ (141,000) $ (141,000) 45,455 (95,545) 41,320 (54,225) 32,629 (21,596) 34,150 12,554 31,045 43,599 years
A $141,000 Initial Investment will generate the following present values of net cash flows. What is the break-even time for this Investment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Round "Break-even time" answer to 1 decimal place. Year Initial investment 1. 2. 3. 4. 5. Break-even time Cumulative Present value of Present value of Net Cash Flows Net Cash Flows $ (141,000) $ (141,000) 45,455 (95,545) 41,320 (54,225) 32,629 (21,596) 34,150 12,554 31,045 43,599 years
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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