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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment Cash Inflow $31,000 $4,000 $2,000 $4,000

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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment Cash Inflow $31,000 $4,000 $2,000 $4,000 $8,000 $9,000 12,000 10,000 $8,000 $6,000 $5,000 $5,000 2 4 10 Required: 1. Determine the payback period of the investet. (Round your answer to 1 decimal place.) Payback period years

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