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Please show your work while answeing the question pictured. In case you cannot read it the question is this: Jason Bourne is in film making
Please show your work while answeing the question pictured. In case you cannot read it the question is this:
Jason Bourne is in film making business who specializes in making movie sequels. He buys the rights of successful movies and produces sequels. From his experience he knows that each sequel costs 15 % higher than the previous movie in the same series due to inflation and higher salary asked by the key actors, where as revenue declines by 11 % for each sequel due to diminishing popularity of these sequels He decides to buy the rights of a hit movie pixlets. Pixels grossed $240 million in box office and was produced with a budget of $90 million. How many profitable sequels of pixlets will jason be able to make?
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