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This window shows what is correct and incorrect for the work you have completed so far. Even if all of the work you have done
This window shows what is correct and incorrect for the work you have completed so far. Even if all of the work you have done so far is correct, you may hot have completed everything. 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 $38,000 $2,000 2 $6,000 $4,000 3 $8,000 4 $9,000 5 $12,000 6 $10,000 7 $8,000 8 $6,000 9 $5,000 10 $5,000 Required: 1. Determine the payback period of the investment. (Round your answer to the nearest whole number.) Payback period 7 years 2. Would the payback period be affected if the cash inflow in the last year were several times larger? No Yes
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