A small town in Ohio is considering the purchase of a new parking system that would enhance the collection of parking fees while providing additional convenience to shoppers. The hardware requires an immediate outflow (an investment today) of $1350. The town estimates that the new system will create cash flows of $239 to be received consecutively at the end of each year, beginning in one year, for 8consecutive years. What is the payback, in years (not in fractions of a year), of the computer package?

Years

Place your answer in number of years.