Business
Business, 05.07.2020 14:01, bossdde

The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:Year Investment Cash Inflow1 $78,000 $5,000 2 $5,000 $10,000 3 $12,000 4 $15,000 5 $18,000 6 $16,000 7 $14,000 8 $12,000 9 $11,000 10 $11,000 Required: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?YesNo

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