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Compute the payback statistic for Project B if the appropriate cost of capital is 1 1 percent and the maximum allowable payback period is three

Compute the payback statistic for Project B if the appropriate cost of capital is 11 percent and the maximum allowable payback period is three years.
Project B
\table[[Time:,0,1,2,3,4,5],[Cash flow:,-$11,100,$3,360,$4,200,$1,540,$0,$1,020
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