Compute the payback statistic for Project A if the appropriate cost of capital is 7 percent and the maximum allowable payback period is four years. Note: Round your answer to 2 decimal places. Project A Time: Cash flow: Payback 0 -$1,700 $630 (Click to select) years 2 $690 Should the project be accepted or rejected? 3 $660 4 $440 5 $240

Compute the payback statistic for Project A if the appropriate cost of capital is 7 petcent and the maximum allowable payback period is four years. Note: Round your answer to 2 decimal places. Project A Should the project be accepted or rejected