Sentinel Company is considering an investment in technology to improve its operations. The investment will...

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Accounting

Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $242,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 3 years, and it requires a 9% return on investments. Period -Cash Flow 1. $ 47,500 2. 52,800 3. 75,500 4. 95,900 5.125,300. Determine the payback period for this investment. Determine the break-even time for this investment. Determine the net present value for this investment.

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