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The management of Gunther Corporation, an architectural design firm, is considering an investment with the following cash flows: Year Investment Cash Inflow 1 $ 69,000
The management of Gunther Corporation, an architectural design firm, is considering an investment with the following cash flows:
| Year | Investment | Cash Inflow | ||
| 1 | $ | 69,000 | $ | 4,000 |
| 2 | $ | 9,000 | $ | 8,000 |
| 3 | $ | 9,000 | ||
| 4 | $ | 10,000 | ||
| 5 | $ | 13,000 | ||
| 6 | $ | 11,000 | ||
| 7 | $ | 14,000 | ||
| 8 | $ | 12,000 | ||
| 9 | $ | 11,000 | ||
| 10 | $ | 11,000 | ||
1. Determine the payback period of the investment.
_____ years
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Where Does Money Grow
Authors: Beth McGuinness
1070202150, 978-1070202150
