Compute the discounted payback statistic for Project Y and recommend whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 12 percent and the maximum allowable discounted payback is three years

Agroup of farmers planned to clean 80 acres of wheat per day to finish the work on schedule. right before the work started, they received a new piece of machinery that them clean 10 more acres per day than originally planned. as a result of increased productivity in the last day before the deadline they only had to clean 30 acres. how many acres of wheat did the group of farmers have to clean?