Question: uno 25) Safe Driving School is considering purchasing new autos costing $235,000. The company's management has estimated that the autos will generate cash flows as
uno 25) Safe Driving School is considering purchasing new autos costing $235,000. The company's management has estimated that the autos will generate cash flows as follows: Year 1 $80,000 Year 2$85,000 Year 3 $95,000 Year 4 $45,000 Considering the residual value is zero, calculate the payback period. Show your calculations. Round to one decimal place. (8 points)
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