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Compute the discounted payback statistic for Project D if the appropriate cost of capital is 1 2 percent and the maximum allowable discounted payback is

Compute the discounted payback statistic for Project D if the appropriate cost of capital is 12 percent and the maximum allowable discounted payback is four years.
Note: Do not round intermediate calculations and round your final answer to 2 decimal places. If the project does not pay back, then enter a "0"(zero).
Project D
Time: 012345
Cash flow: $11,900 $3,440 $4,360 $1,700 $0 $1,180

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