Answer:
The total value of the team=$8.2 million
Step-by-step explanation:
Step 1
Determine the total value of the team as follows;
V=(S×s)+(T×t)+(B×b)
where;
V=total value of the team
S=total value per star player
s=number of stars in the team
T=total value per starter
t=number of starters in the team
B=total value per substitute
b=number of substitutes in the team
In our case;
S=1 million per year
s=2 stars
T=400,000
t=13
B=100,000
b=10
replacing;
V=(1,000,000×2)+(400,000×13)+(100,000×10)
V=(2,000,000+5,200,000+1,000,000)
V=8,200,000=8.2 million
The total value of the team=$8.2 million
