Question: Please help. Thank you. I do not know how to respond to solutions but thank you so much for all help. Compute the payback statistic

 Please help. Thank you. I do not know how to respond

Please help. Thank you. I do not know how to respond to solutions but thank you so much for all help.

Compute the payback statistic for Project B if the appropriate cost of capital is 11 percent and the maximum allowable payback period is three years. (If the project never pays back, then enter a "0" (zero).) Project B Time: 0 4 5 1 $3,390 2 3 $4,260 $1,600 Cash flow: -$11,400 $0 $1,080 Payback years Should the project be accepted or rejected? O accepted O rejected

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