Learn Safe Driving School Is Considering Purchasing New Autos Costing $\begin{array}{llr} \text {Year 1 } &\$80,000\\ \text {Year 2 } &\$85,000\\ \text { Year 3} &\$95,000\\ \text {Year 4 } &\$45,000\\\end{array}$

question 89

Essay

Learn Safe Driving School is considering purchasing new autos costing $235,000.The company's management has estimated that the autos will generate cash inflows as follows:
$\begin{array}{llr} \text {Year 1 } &\$80,000\\ \text {Year 2 } &\$85,000\\ \text { Year 3} &\$95,000\\ \text {Year 4 } &\$45,000\\\end{array}$
Considering the residual value is zero,calculate the payback period.Round to one decimal place

---

Definitions:

Wording

The choice or style of words used in text or speech, often analyzed for clarity, bias, or effectiveness in communication.

Survey

A research tool consisting of a series of questions or statements used to collect data from respondents, often used to gather information about attitudes, opinions, behaviors, or characteristics.

Leading Questions

Questions framed in a way that suggests a particular answer or influences the respondent towards a desired response.

Trend

A general direction in which something is developing or changing over time.