Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year L23456TBSG
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Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year L23456TBSG 1 7 8 9 10 Required: Investment $ 42,000 $ 5,000 Cash Inflow $ 3,000 $ 6,000 Required 1 Required 2 $ 12,000 $ 14,000 $ 16,000 $ 15,000 $ 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? Payback period $ 11,000 $ 10,000 $ 10,000 Complete this question by entering your answers in the tabs below. Determine the payback period of the investment. Note: Round your answer to 1 decimal place. years < Required 1 Required 2 >
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