Connect Only Problem $13-3$ Payback $($LG$13-2)$

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.

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Project A

Hint

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References

$\backslash$table$[[\backslash$table$[[$Time:$],[$Cash flow:$]],0,1,\backslash$table$[[2]],\backslash$table$[[\backslash$table$[[3],[$$$900$