Check my work 2 Compute the payback statistic for Project A if the appropriate cost of capital is 8 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) 2 points Project A Time: Cash flow: 0 -$1,300 1 $470 2 $570 3 $580 4 $360 5 $160 Payback years eBook Hint Print Should the project be accepted or rejected? References accepted O rejected