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Sanders Inc., is considering a project with the following cash flows. Year Cash Flows 0 -$50,000 1 $10,446 2 $15,403 3 $39,422 4 $75,963 5

Sanders Inc., is considering a project with the following cash flows.

Year Cash Flows
0 -$50,000
1 $10,446
2 $15,403
3 $39,422
4 $75,963
5 $250,733

What is the regular payback period for this project?

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

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