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An investment project has annual cash inflows of $3,300, $4,400, $5,100, and $6,000 for the next four years, respectively. The discount rate is 10 percent.

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An investment project has annual cash inflows of $3,300, $4,400, $5,100, and $6,000 for the next four years, respectively. The discount rate is 10 percent. What is the payback period for these cash flows if the initial cost is $16,000? Enter your answer as years with 2 digits to the right of the decimal point in the box shown below

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