The stadium owner is considering an offer from Reliable Tools to change the name to Reliable Stadium. The company is offering to
pay $750,000 per year. If the stadium already receives $160,000 for music promotions and accepts this offer, how much will it receive in sponsorship rights each year in total?
Amount stadium receives if it changes the name from Reliable Tools to Reliable Stadium = $750,000 per year
Amount stadium receives from music promotions = $160,000
Total amount received each year = Amount stadium receives if it changes the name from Reliable Tools to Reliable Stadium + Amount stadium receives from music promotions
Total amount = $750,000 + $160,000 = $910000
So it will receive $910000 in sponsorship rights each year in total.
