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North is considering a project with the following cash flows Cash Flows 0 -$55,000 1 $11,713 2 $15,036 3 $18,989 4 $47,394 5 $74,425 What

North is considering a project with the following cash flows

Cash Flows
0 -$55,000
1 $11,713
2 $15,036
3 $18,989
4 $47,394
5 $74,425

What is the discounted payback period for this project if the appropriate discount rate is 7 percent?

Enter the final answer with two decimals (e.g.5.55)

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