Problem $13-7$ Discounted Payback $($LG$13-2)$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.$($Do not

round intermediate calculations and round your final$$answer to

$2$ decimal places.$)$

$$

discounted payback period $\_\_\_\_\_\_$ YearsAccepted or Rejected