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Crane Bancorp has made an investment in banking software at a cost of$ 1 , 8 5 6 , 2 0 0 . If management

Crane Bancorp has made an investment in banking software at a cost of$1,856,200. If management expects productivity gains and cost savings to generate additional cash flows of$606,900,$697,600,$529,600, and$392,760over the next four years, what is the investment's payback period? (Round answer to 2 decimal places, e.g.15.25.) Payback period isyears
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