Question: Compute the payback statistic for Project B if the appropriate cost of capital is 1 3 percent and the maximum allowable payback period is three

Compute the payback statistic for Project B if the appropriate cost of capital is 13 percent and the maximum allowable payback period is three years.
Project B
\table[[Time:,0,1,2,3,],[Cash flow:,-$11,200,$3,370,$4,220$1,560,$0,$1,040
Compute the payback statistic for Project B if the appropriate cost

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