A packaging company has installed a new radio frequency identification system to help reduce the number of packages that are incorrectly delivered. The capital investment in the system is $65,000, and the projected annual savings are provided below. The old system that this radio frequency system is replacing has a salvage value of $2,000. The new radio frequency systems market value at the end of year 5 is $5,000. What is the discounted payback period (in years) for the investment in the new system? Assume the companys MARR is 30%.

End of Year 1 2 3 4 5 Savings $25,000 $30,000 $30,000 $40,000 $46,000