Calculate the Production Rate Payback in years for the following system: The initial capital investment for the robot and all accessories = $44,600.00 The annual labor costs replace by the robot = $18.00/hour Annual expenses for maintaining the robot = $1.50/hour Calculate on 2 eight hour shift with 250 days in the work year. Annual depreciation costs of the associated equipment = 15% of the initial capital investment. The production rate coefficient is 10% where the robot is faster than the human operator. Round your answer to two decimal places.