Question: 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 payback

 Problem 13-6 Payback (LG13-2) Compute the payback statistic for Project A

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 payback period is four years. (Round your answer to 2 decimal places.) Project A Time: Cash flow: et $.200 gedoo 0 $1,200 1 $430 2 $540 ooo 3 $560 4 $340 do so 5 $140 Payback years Should the project be accepted or rejected? accepted O rejected

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