Current Attempt in Progress Bramble Company is considering investing in new equipment that will cost $503,880 with a 5-year useful life. The new equipment is expected to produce annual cost savings of $192,000 for the first two years and $222,000 for the last three years of its useful life. Compute the cash payback period. (Round answer to 2 decimal places, e.g. 15.12.) Cash payback period years eTextbook and Media Save for Later Attempts: 0 of 3 used Submit