Question: You are considering a project with an initial cost of $ 8 , 6 0 0 , and cash inflows of $ 2 , 1

You are considering a project with an initial cost of $8,600, and cash inflows of $2,100, $3,140, $3,800, and $4,500 a year over the next four years, respectively. The required rate of return is 10%.
What is the discounted payback period for this project? (Please do not round your intermediate calculations. However, round your final answer, if necessary, to two decimal places and enter it without the units)

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