Question 1
Refer to Scenario 7.5 below to answer the question(s) that follow.
SCENARIO 7.5: You own and are the only employee of a company that customizes bicycles. Last year your total revenue was $60,000. Your costs for rent and supplies were $25,000. To start this business you invested an amount of your own capital that could pay you a $45,000 a year return.
Refer to Scenario 7.5. A yearly normal return for your company is
◦ $25,000.
◦ $35,000.
◦ $45,000.
◦ $70,000.
Question 2
Refer to Scenario 7.5 below to answer the question(s) that follow.
SCENARIO 7.5: You own and are the only employee of a company that customizes bicycles. Last year your total revenue was $60,000. Your costs for rent and supplies were $25,000. To start this business you invested an amount of your own capital that could pay you a $45,000 a year return.
Refer to Scenario 7.5. A yearly normal return for your company is
◦ $25,000.
◦ $35,000.
◦ $45,000.
◦ $70,000.
How to calculate regular payments or deposits using the annuity formula (Question 2)
How to calculate present value using the compound interest formula (Question 2)
How to integrate using inverse trigonometric substitution (Question 4)
economic question
economic question
economic question