Given the following attributes of an investment project with a five-year life: investment outlay. year 0 $5,000; after-tax cash inflows. year 1, $800; year 2, $900; year 3, $1,500; year 4, $1,800; and year 5 $3,200.

Estimate the payback period, in years, for this project under the assumption that cash inflows occur evenly throughout the year. round to the 1 decimal place.