Nelson decides to invest $1,000,000 in a period annuity that
1 answer:
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For this case we have the following equations:
The break even point occur when C = R:
We have then:
Clearing x we have:
Then, substituting in any of the equations we have:
The break even point is:
(4, 176)
Answer:
The break even point is:
(4, 176)
The break even point occur when C = R:
We have then:
Clearing x we have:
Then, substituting in any of the equations we have:
The break even point is:
(4, 176)
Answer:
The break even point is:
(4, 176)
