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Problem 13.6 Payback (LG13-2) Compute the payback statistic for Project All the appropriate cost of capital is 7 percent and the maximum allowable payback period

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Problem 13.6 Payback (LG13-2) Compute the payback statistic for Project All the appropriate cost of capital is 7 percent and the maximum allowable payback period is four years. Round your answer to 2 decimal places.) Protect Time! Cash Flow 5790 5720 5500 Perback 2.65 Should the project be accepted or rejected! accepted rejected

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