United Parcel Service, Inc. (Ticker: UPS) estimates its cost for a distribution center at $18.63 million. Management has decided to invest $1.1 million a quarter to fund the project. Assuming that the firm can earn a return of 6.25 percent, compounded quarterly, on its savings, how long does the firm have to wait before expanding its operations? 3.79 years 3.09 years 4.82 years 4.46 years