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Problem 13-8 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project D if the appropriate cost of capital is 10 percent and the maximum

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Problem 13-8 Discounted Payback (LG13-2) Compute the discounted payback statistic for Project D if the appropriate cost of capital is 10 percent and the maximum allowable discounted payback is four years. (Do not round intermediate calculations and round your final answer to 2 decimal places. If the project does not pay back, then enter a "O" (zero).) Project D Time: Cash flow: 0 $13,000 1 $3,550 2 $4,580 3 $1,920 4 $0 $1,400 Discounted payback period i years

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