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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment Year Cash Inflow 1234567890 10

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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment Year Cash Inflow 1234567890 10 $ 58,000 $ 4,000 $ 8,000 $ 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. 2. Would the payback period be affected if the cash inflow in the last year were several times as large?

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