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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year 1 2 3 4 5 6

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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year 1 2 3 4 5 6 2 8 9 10 Investment Cash Inflow $57,000 $ 3,000 $ 7,000 $ 6,000 $12,000 $13,000 $16,000 $14,000 $12,000 $10,000 $ 9,000 $ 9,000 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? Required 1 Required 2 Determine the payback period of the investment. (Round your answer to 1 decimal place.) Payback period years Required 1 Required 2 Would the payback period be affected if the cash inflow in the last year were several times as large? Yes ONO

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