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two decimal places 5. You manage a small motel that has 45 rooms with average rate of $58 on a 76% occupancy rate. Fixed costed

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5. You manage a small motel that has 45 rooms with average rate of $58 on a 76% occupancy rate. Fixed costed are 480,000 and variable costs per room sold is $800, a. What is your operating income for the year? b. If the tax rate is 20%, what is your net income? 6. You plan to buy a business for $80,000. You put 20% down and borrowed the remaining amount at 10% for 10 years. If you are making an annual payment, calculate: a. Your annual payment on the loan b. Your total interest on the entire loan c. Principal loan balance at the end of the second year

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