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Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment Year $ 52,000 $ 6,000 B1234567899 Cash Inflow
Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment Year $ 52,000 $ 6,000 B1234567899 Cash Inflow $ 4,000 $ 8,000 $ 16,000 $ 17,000 $ 20,000 $ 18,000 $ 16,000 $ 14,000 $13,000 10 Required: $13,000 1. Determine the payback period of the investment. 2. Would the payback period be affected if the cash inflow in the last year were several times as large? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the payback period of the investment. Note: Round your answer to 1 decimal place. Payback period years
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