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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows Year 2 4 6 Cash Inflow $5,000
The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows Year 2 4 6 Cash Inflow $5,000 $10,000 $20,000 $22,000 $25,000 $23,000 $21,000 $19,000 $18,000 $18,000 Investment $65,000 $5,000 7 10 Required 1. Determine the payback period of the investment. (Round your answer to 1 decimal place.) Payback period years 2. Would the payback period be affected if the cash inflow in the last year were several times as large? Yes 0
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