Raytheon Technologies Corporation, an aerospace and defense company, provides advanced systems and services for commercial, military, and government customers worldwide. Ratheon is considering a new project that requires an initial cash investment of $20,000. The project will generate cash inflows of $2,500, $11,700, $13,500, and $10,000 over each of the next four years, respectively.

Required:

How long will it take Raytheon to recover the initial investment?