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

Year	Investment	Cash Inflow
1	$60,000	$2,000
2	$4,000	$4,000
3		$8,000
4		$9,000
5		$12,000
6		$10,000
7		$8,000
8		$5,000
9		$4,000
10		$4,000

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
	No