$($Discounted payback period$)$ The Callaway Cattle Company is considering the construction of a provide annual labor savings and reduced waste totaling $$185,000$ while the initial investment is only evaluating new investments in the past but plans to calculate the discounted payback to analyze the percent, what is the project's discounted payback period?

The project's discounted payback period is $?$

$($Discounted payback period$)$ The Callaway Cattle Company is considering the construction of a new feed handling syster provide annual labor savings and reduced waste totaling $$185,000$ while the initial investment is only $$470,000.$ Callaway's evaluating new investments in the past but plans to calculate the discounted payback to analyze the investment. Where the percent, what is the project's discounted payback period?

The project's discounted payback period is $$ years. $($Round to two decimal places.$)$ years. $($Round to two decimal places.$)$