The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:

Year	Investment	Cash Inflow
1	$52,000	$4,000
2	$ 6,000	$8,000
3		$16,000
4		$17,000
5		$20,000
6		$18,000
7		$16,000
8		$14,000
9		$13,000
10		$13,000

Required:

1. Determine the payback period of the investment. (Round your answer to 1 decimal place.)

2. Would the payback period be affected if the cash inflow in the last year were several times as large?

	Yes
	No