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value: 10.00 points Exercise 11-1 Payback Method L011-1J The management of Unter Corporation, an architectural design firm is considering an investment with the following cash

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value: 10.00 points Exercise 11-1 Payback Method L011-1J The management of Unter Corporation, an architectural design firm is considering an investment with the following cash flows Year Investment Cash Inflow $76,000 $5,000 $3,000 $10,000 $18,000 $19,000 $22,000 $20,000 $18,000 $16,000 $15,000 10 $15,000 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

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