Chapter 7 3 Exercise 7-1 (Static) Payback Method [LO7-1] 20 points The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year 1 2 3 4 5 Investment $15, eee $ 8,00 eBook Print References Cash Inflow $1,000 $ 2, Bee $ 2,500 $ 4,eee $5,000 $ 6, ese $5,000 $4, een $ 3, BBC 52,ese VO 8 9 10 Required: 1. Determine the payback period of the investment, 2. Would the payback period be affected if the cash intlow 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. (Round your answer to 1 decimal place.) Payback period years Required 22 MC Graw