Burt is currently employed in company Y, earning 1.2 million per year. On the weekends, he operates a cookshop. In a conversation with a friend, he made the following statements

1. "The Weekend Cookout is very profitable, ingredients cost $1000 per order, and the rest is just my labour, which is free. One order is for about $2000, and I can sell 20 orders, which gives me net profit of $20000 for one night of work."

1. I want to quit my job and open a cookshop full time. I can make $250000 per month in sales and just half of it goes to expenses. But I need 5 million in startup capital which I have in the bank." Currently, interest rate per year is 8%.