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The management of Weimar, Inc., a civil engineering design company, is considering an investment in a high-quality blueprint printer with the following cash flows: Year

The management of Weimar, Inc., a civil engineering design company, is considering an investment in a high-quality blueprint printer with the following cash flows:

Year Investment Cash Inflow
1 $54,000 $5,000
2 $7,000 $10,000
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 up your answer to the next whole number.)

Payback period years

2. Would the payback period be affected if the cash inflow in the last year were several times larger?
Yes
No

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