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The project has the following cash flows and the discount rate is 3.5%. Year Cash Flow 0 - 150,000 1 31,500 2 34,500 3 40,000

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The project has the following cash flows and the discount rate is 3.5%. Year Cash Flow 0 - 150,000 1 31,500 2 34,500 3 40,000 4 41,000 5 37,000 6 35,000 7 28,000 What is the project's discounted payback period? Round your answer to two decimals

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