Pharoah Bancorp has made an investment in banking software at a cost of $1,756,200. If management expects productivity gains and cost savings to generate additional cash flows of $556,900, $687,600, $469,600 and $362,760 over the next four years, what is the investment's payback period? (Round answer to 2 decimal places, eg, 15.25) Payback period is years Save for Later Attempts: 0 of 1 used Submit