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Chef B ra is contemplating selling burgers in her restaurant and seeks advice from her chef friend Emre about the potential sales numbers. Emre shares
Chef Bra is contemplating selling burgers in her restaurant and seeks advice from her chef friend Emre about the potential sales numbers. Emre shares the following information about his burger sales over the past years:
They start by selling burgers in January.
Sales increase by each month from January to May inclusive based on the previous month's volume.
From May to October, the sales volume remains constant.
Starting from October and continuing until December, sales decrease by each month from the previous month's volume.
Cash flows are recorded at the end of each month.
Each burger is priced at $ and an annual interest rate of is applied. Determine the present value of the net revenue for Chef Bra if she decides to follow Emre's sales trend and sell burgers for a duration of years, starting in January of the upcoming year.
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