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Compute the discounted payback statistic for Project D if the appropriate cost of capital is 11 percent and the maximum allowable discounted payback is four

Compute the discounted payback statistic for Project D if the appropriate cost of capital is 11 percent and the maximum allowable discounted payback is four years. answer to 2 decimal places. If the project does not pay back, then enter a "0"

Project D Time: 0 1 2 3 4 5 Cash flow -$11,700 $3,420 $4,320 $1,660 $0 $1,140

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