Compute the PI statistic for Project Q if the appropriate cost of capital is $12$ percent. $($Do not round intermediate calculations and round your final answer to $2$ decimal places.$)$

Project Q

Time: $01234$

Cash flow: $$$$12,800$ $$4,250$ $$5,080$ $$4,970$ $$3,050$

Should the project be accepted or rejected?

multiple choice

accepted

rejected