Question

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?

Answer 1

The answer is probably 590,000 because isn't it subtraction

Answer 2

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.