1. Suppose you are in the marshmallow business! Each marshmallow produced can be sold for $1.25. However, (a) Profit can be higher by contracted help in a factory such that 100 marshmallows can be produced for $95, and 250 marshmallows can be produced for $200; (b) The factory has a lease of $1,000,000 at 5% for 30 years; (c) You want to make $2,000,000 from an account paying 7% compounded weekly for 25 years; and (d) You want to take 10% of your income to deposit away every month. Leading Question: How would you represent the above monthly situation? i. What is the break-even point of marshmallows? ii. How does the model change from the first month to the second month? iii. Suppose for the third month, marshmallows are no longer popular and overtaken by chocolates! Now, you have considered to sell each marshmallow produced at $1.00, but the contractors are willing to still produce marshmallows at the same rate. How does your model change for the third month? 2. Suppose you have the following monthly scenario for your in-home business: (a) Your business has been consistent such that you have a positive income each month; (b) You own your flat using it as a place of operation while still paying the mortgage. Your mortgage is $250,000 over 30 years at 4% (c) You want to make monthly deposits such that you have half a million dollars in 30 years at 5-15% compounded monthly; and (d) You hired an intern that you pay twice a month for social media presence. Leading Question: How would you represent the above monthly situation? i. Predict what the minimum is required to maintain a positive profit. Use reasoning skills and describe your conclusions. ii. Suppose you made extra money the first month. You then want to deposit an amount for the second month such that you make $750,000 in 40 years at 4% compounded daily. How does your model change? iii. Suppose for the third month, you had to hire another intern to handle social media presence since business is taking off. You decide to pay the second intern a fraction of the first intern. How does your model change then? 1. Suppose you are in the marshmallow business! Each marshmallow produced can be sold for $1.25. However, (a) Profit can be higher by contracted help in a factory such that 100 marshmallows can be produced for $95, and 250 marshmallows can be produced for $200; (b) The factory has a lease of $1,000,000 at 5% for 30 years; (c) You want to make $2,000,000 from an account paying 7% compounded weekly for 25 years; and (d) You want to take 10% of your income to deposit away every month. Leading Question: How would you represent the above monthly situation? i. What is the break-even point of marshmallows? ii. How does the model change from the first month to the second month? iii. Suppose for the third month, marshmallows are no longer popular and overtaken by chocolates! Now, you have considered to sell each marshmallow produced at $1.00, but the contractors are willing to still produce marshmallows at the same rate. How does your model change for the third month? 2. Suppose you have the following monthly scenario for your in-home business: (a) Your business has been consistent such that you have a positive income each month; (b) You own your flat using it as a place of operation while still paying the mortgage. Your mortgage is $250,000 over 30 years at 4% (c) You want to make monthly deposits such that you have half a million dollars in 30 years at 5-15% compounded monthly; and (d) You hired an intern that you pay twice a month for social media presence. Leading Question: How would you represent the above monthly situation? i. Predict what the minimum is required to maintain a positive profit. Use reasoning skills and describe your conclusions. ii. Suppose you made extra money the first month. You then want to deposit an amount for the second month such that you make $750,000 in 40 years at 4% compounded daily. How does your model change? iii. Suppose for the third month, you had to hire another intern to handle social media presence since business is taking off. You decide to pay the second intern a fraction of the first intern. How does your model change then