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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment Year $ 75,000 $ 7,000

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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment Year $ 75,000 $ 7,000 Cash Inflow $ 6,000 $ 12,000 123456789 $ 18,000 $ 17,000 $ 20,000 $ 18,000 $ 16,000 $ 14,000 $ 10,000 9 10 Required: $ 13,000 1. Determine the payback period of the investment. 2. Would the payback period be affected if the cash inflow in the last year were several times as large?

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