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5. value: 3.00 points The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment $58,000 $
5. value: 3.00 points The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment $58,000 $ 8,000 Year 1 2 3 4 4 5 6 7 8 9 10 Cash Inflow $4,000 $8,000 $11,000 $14,000 $17,000 $15,000 $13,000 $11,000 $10,000 $10,000 Required: 1. Determine the payback period of the investment. (Round your answer to 1 decimal place.) Payback period years 2. Would the payback period be affected if the cash inflow in the last year were several times as large? O Yes O No
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