Answer:
6) H0: μ≥ 7.4 versus H1: μ< 7.4
7) - 1.28
8) - 1.50
Answer:25,000 in 12 years = 25,000*(1.09)^12= $70,316
Value of $7,500 deposits in 6 years
Use financial calculator and input these values
N=6
PV=0
PMT=7,500
I=9
Compute FV= 56,425, after this
PV= 56,425
PMT= 15,000
I=9
N=6
Compute FV=$ 207,480
We will have (207,480+ 70,316) = $277,796 in 12 years to start our business.
Explanation:
Profit can be found by subtracting revenue from expenses.
The profit for Deal A is $100,000 - $10,000 = $90,000
The average profit as a percentage of revenue for the stadium for Deal A is Average profit divided by revenue multiplied by 100. That is 90,000/100,000 x 100 is 90%
The profit for Deal B is $50,000 - $20,000 = $30,000
The average profit as a percentage of revenue for the stadium for Deal B is Average profit divided by revenue multiplied by 100. That is 30,000/50,000 x 100 is 60%
Answer: best case Nvp $2,943,304,509.57
Worse case NVP
-$2, 601,609,39
