estimates concerning the expansion:

$($Click the icon to view the estimates.$)$ expected to be $$2,846,250.$

Compute the payback for the expansion project. Round to one decimal place.

$=$

Payback

$+=$ years $$ Data table

$\backslash$table$[[$Number of additional skiers per day,$115$ skiers$],[$Average number of days per year that weather conditions,$150$ days$],[$allow skiing at Rouse Valley,$8$ years$],[$Useful life of expansion $($in years$),243],[$Average cash spent by each skier per day,$78],[$Average variable cost of serving each skier per day,$12,500,000$