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Year Investment Cash Inflow 1 $59,000 $5,000 2 $9,000 $10,000 3 $20,000 4 $21,000 5 $24,000 6 $22,000 7 $20,000 8 $18,000 9 $17,000 10

Year Investment Cash Inflow 1 $59,000 $5,000 2 $9,000 $10,000 3 $20,000 4 $21,000 5 $24,000 6 $22,000 7 $20,000 8 $18,000 9 $17,000 10 $17,000

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1. Determine the payback period of the investment. (Round your answer to 1 decimal place.)

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

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