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Problem 1 3 - 4 Discounted Payback ( LG 1 3 - 2 ) Compute the discounted payback statistic for Project C if the appropriate

Problem 13-4 Discounted Payback (LG13-2)
Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 percent and the maximum allowable discounted payback period is three years.
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.
Project C
\table[[Time:,0,1,2,3,4,5],[Cash flow:,-$1,400,$640,$600,$640,$380,$180
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