Check my work 17 Compute the payback statistic for Project A if the appropriate cost of capital is 9 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) points Project A Time: Cash flow : 2 $540 3 $560 4 $340 5 $140 $430 -$1,200 eBook Print Payback 2.74 years References Should the project be accepted or rejected? accepted O rejected Check my work 17 Compute the payback statistic for Project A if the appropriate cost of capital is 9 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) points Project A Time: Cash flow : 2 $540 3 $560 4 $340 5 $140 $430 -$1,200 eBook Print Payback 2.74 years References Should the project be accepted or rejected? accepted O rejected