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Help plzzzz thank you very much I truly appreciate

Help plzzzz thank you very much I truly appreciate
asked 230k views
5 votes
Help plzzzz thank you very much I truly appreciate

Help plzzzz thank you very much I truly appreciate-example-1
asked
User Rene Herget
by
7.8k points

1 Answer

2 votes

Answer:

No

Explanation:

The cost of the loan is ...

A = P(1 +rt) = $460,000·(1 +0.04·1) = $478,400

The revenue from room rental is ...

(365 days)($130/room/day)(10 days) = $474,500

The revenue from room rental is less than the cost of the remodel, so Safiyo will not earn her money back in 1 year.

answered
User Adi Barda
by
8.6k points
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