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2 The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Cash Inflow Year 1 5 Investment
2 The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Cash Inflow Year 1 5 Investment $58,000 $ 4,000 2 $ 8,000 $ 8,000 points 3 $11,000 4 $14,000 5 $17,000 eBook 6 $15,000 $13,000 Hint 8 $11,000 $10,000 Print 10 $10,000 References Required: Ignore income taxes. 1. Determine the payback period of the investment. (Round your answer to 1 decimal place.) Payback period years
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