Suppose a company had an initial investment of $$40,000.$ The cash flow for the next five years are $$20,000,$$$19,000,$$$20,000,$$$20,000,$ and $$15,000,$

respectively. The interest rate is $8\%.$

What is the discounted payback period?

$($Enter only whole numbers$)$Suppose a company had an initial investment of $$40,000.$ The cash flow for the next five years are $$20,000,$ $$19,000,$ $$20,000,$ $$20,000,$ and $$15,000,$ respectively. The interest rate is $8\%.$

What is the discounted payback period?