Problem $13-22$ PI $($LG$13-6)$

Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is $7$ percent, and that the maximum allowable payback and discounted payback statistics for the project are $3\mathrm{.}5$ and $4\mathrm{.}5$ years, respectively.

$\backslash$table$[[\backslash$table$[[$Time:$],[$Cash flow:$]],\backslash$table$[[0],[-$$$4,800$