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2122 I need 200% perfect answer of both parts. Please please give answer in less than 30 minutes. Just give perfect answer. No explanation needed.
2122 I need 200% perfect answer of both parts. Please please give answer in less than 30 minutes. Just give perfect answer. No explanation needed. I will give positive rating.
Serena's Salsa LLC, is considering the purchase of new sound equipment that will enhance the experience of it's Salsa dance classes. The equipment will cost $25,000. Serena estimates the following new members, for each of the next five years, with the following probability distribution. Membership costs $100 per year. Her cost of capital is 11 percent. New Members Probability 36 0.2 50 0.1 74 0.4 98 0.3 Serena will only buy the new sound gear if revenue from new members, over the next 5 years will cover the cost. Should Serena buy the gear? Yes No, though other factors should be considered O No 0 Not enough informationStep by Step Solution
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