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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Cash Inflow $ 2,000 $ 4,000 $
The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Cash Inflow $ 2,000 $ 4,000 $ 8,000 $ 9,000 Year 1 2 3 4 5 6 7 8 9 10 Investment $ 56,000 $ 6,000 Required: 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? $ 12,000 $ 10,000 $ 8,000 $ 6,000 $ 5,000 $ 5,000 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the payback period of the investment. (Round your answer to 1 decimal place.) Payback period years
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