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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows. Year 2 3 4 5 6 7

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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows. Year 2 3 4 5 6 7 8 9 10 Investment Cash Intlow $65,000 $5,000 $ 5,000 $10,000 $20,000 $22.000 $25,000 $23,000 $21,000 $19,000 $18,000 $18,000 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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