Question: A $ 1 4 5 , 1 0 0 initial investment will generate the following present values of net cash flows. What is the break

A $145,100 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 $ (145,100) $ (145,100)
1.46,364(98,736)
2.42,146(56,590)
3.33,380(23,210)
4.34,83311,623
5.31,666

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!