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Practice Exam for Final A Saved 19 The management of Unter Corporation is considering an investment with the following characteristics: Year 1 2 Investment $

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Practice Exam for Final A Saved 19 The management of Unter Corporation is considering an investment with the following characteristics: Year 1 2 Investment $ 15,000 8,000 eBook - 4 Cash Inflow $ 6,000 5 5,000 4,000 3,000 4,000 5,000 Print References 7 8 9 10 2,000 3,000 2,000 2,500 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 Mc Graw Hill

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