$169,700 initial investment will generate the following present values of net cash flows. What is the break-even time for this vestment? (PV of $1. FV of $1. PVA of $1, and FVA of $1) Note: Round "Break-even time" answer to 1 decimal place. Initial investment 1. 2. 3. Year 4. 5. Break-even time Present Value of Net Cash Flows $ (169,700) 51,818 47,105 37,888 38,931 35,391 Cumulative Present Value of Net Cash Flows $ (169,700) (117,882) (70,777) (32,889) years 6,042 41,433
$169,700 initial investment will generate the following present values of net cash flows. What is the break-even time for this vestment? (PV of $1. FV of $1. PVA of $1, and FVA of $1) Note: Round "Break-even time" answer to 1 decimal place. Initial investment 1. 2. 3. Year 4. 5. Break-even time Present Value of Net Cash Flows $ (169,700) 51,818 47,105 37,888 38,931 35,391 Cumulative Present Value of Net Cash Flows $ (169,700) (117,882) (70,777) (32,889) years 6,042 41,433
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![A $169,700 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
Present Value
of Net Cash
Flows.
$ (169,700)
51,818
47,105
37,888
38,931
35,391
Cumulative
Present Value
of Net Cash
Flows
$ (169,700)
(117,882)
(70,777)
(32,889)
years
6,042
41,433](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F623cb5db-b735-4456-ad36-3c9e4b8be4a5%2Fc3d325e5-c8a0-4e56-b50d-3d28b552dec2%2Fru4uvka_processed.png&w=3840&q=75)
Transcribed Image Text:A $169,700 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
Present Value
of Net Cash
Flows.
$ (169,700)
51,818
47,105
37,888
38,931
35,391
Cumulative
Present Value
of Net Cash
Flows
$ (169,700)
(117,882)
(70,777)
(32,889)
years
6,042
41,433
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