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

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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