Question 5. Excel Break-even Exercise (40 points)
Givens
	Physician practice	Years	0	1	2	3	4	5	6
A	Initial investment		($1,000,000)
B	Beginning of year balance
C	Project's cash flows each year			$333,333	$333,333	$333,333	$333,333	$333,333	$333,333
D	Cumulative cash flow
	Break-even year =
	Satellite clinic	Years	0	1	2	3	4	5	6
A	Initial investment		($1,000,000)
B	Beginning of year balance
C	Project's cash flows each year			$200,000	$250,000	$300,000	$350,000	$450,000	$650,000
D	Cumulative cash flow
	Break-even year =