Question: A $ 1 0 4 , 1 0 0 initial investment will generate the following present values of net cash flows. What is the break

A $104,100 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)(Round "Break-even time" answer to 1 decimal place.)
Year Present Value of Net Cash Flows Cumulative Present Value of Net Cash Flows
Initial investment $ (104,100) $ (104,100)
1.37,273(66,827)
2.33,882(32,945)
3.25,867(7,078)
4.28,00320,925
5.25,45746,382

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