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.

Note: Round your answer to $2$ decimal places.

Project A

$\backslash$table$[[$Time:$,0,1,2,3,4,5],[$Cash flow:,$-$$$2,700,$$$1,030,$$$990,$$$860,$$$640,$$$440$