Problem 13-6 Payback (LG13-2) Compute the payback statistic for Project A if the appropriate cost of capital is 9 percent and the maximum allowable paytick period is four years. (Round your answer to 2 decimal places.) Project TE Cash Flow 0 -$3,000 $1,15051,080 $1,150 5920 4 $700 5 3500 Answer is complete but not entirely correct. Payback 2.88 years Should the project be accepted or rejected? accepted rejected