1. answer the following question using the timeline of cashflows below (show your work):

Time 0 1 2 3 4

Cash Flow -5,000 3,000 2,000 1,000 3,000

a. Compute the payback period and discounted payback period (using a 10 percent discount rate) and then tell me if you would accept the project under either rule if the acceptable payback period is 2.5 years.