Compute the Payback statistic for Project X and recommend whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 10 percent and the maximum allowable payback is 5 years. 
Definitions:
Electron Pairs
Pairs of electrons occupying the same orbital but having opposite spins; important in bond formation and molecular structure.
Bronsted-Lowry Base
A substance that can accept a proton (H+) from another substance, according to the Bronsted-Lowry acid-base theory.
Lewis Base
A Lewis base is a substance that can donate a pair of electrons to form a covalent bond in a chemical reaction.
Nucleophile
A chemical species that donates an electron pair to an electrophile to form a chemical bond in reaction mechanisms.
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