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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: |
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| Year | Investment | Cash Inflow |
| 1 | $66,000 Â Â Â Â | $5,000 Â Â Â Â Â |
| 2 | $6,000 Â Â Â Â | $10,000 Â Â Â Â Â |
| 3 | Â | $20,000 Â Â Â Â Â |
| 4 | Â | $17,000 Â Â Â Â Â |
| 5 | Â | $20,000 Â Â Â Â Â |
| 6 | Â | $18,000 Â Â Â Â Â |
| 7 | Â | $16,000 Â Â Â Â Â |
| 8 | Â | $14,000 Â Â Â Â Â |
| 9 | Â | $13,000 Â Â Â Â Â |
| 10 | Â | $13,000 Â Â Â Â Â |
| Â | ||
 Â
| Required: | |
| 1. |
Determine the payback period of the investment. (Round your answer to 1 decimal place.) |
| Â | Â |
Pay back period in years
| 2. |
Would the payback period be affected if the cash inflow in the last year were several times as large? |
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