Question: A $100,000 initial investment will generate the following present values of net cash flows. What is the breakeven time for this investment? (PV of $1,

A $100,000 initial investment will generate the following present values of net cash flows. What is the breakeven 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.) Cumulative Present Value Present Value of Net Cash of Net Cash Year Flows Flows Initial investment $ (149,200) $ (149,200) 1. 47,273 (101,927) 2. 42,973 (58,954) 3. 34,132 (24,323) 4. 35,516 10,693 5. 32,287 42,980 _
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