A small accounting firm is considering the purchase of a computer software package that would greatly reduce the amount of time needed to prepare tax forms. The software costs $$1750$ and this expense will be incurred immediately. The firm estimates that it will save $$550$ of cash flow at the end of each year beginning in one year for $7$ consecutive years, and also save $$1513$ in year $8.$ What is the payback on the computer package?