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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year Investment $65.000 $ 5,000 VOAN Cash

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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year Investment $65.000 $ 5,000 VOAN Cash Inflow $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. (Round you 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? O Yes O No

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