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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year Investment Cashflow 1 $71,000 $6,000 2

The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:

Year Investment Cashflow

1 $71,000 $6,000

2 $4,000 $12,000

3 $21,000

4 $22,000

5 $25,000

6 $23,000

7 $21,000

8 $19,000

9 $18,000

10 $18,000

1. Determine the payback period of the investment.(Round your answer to 1 decimal place.)

Would the payback period be affected if the cash inflow in the last year were several times as large? Yes or No?

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