Use the table below for your data which has the distribution of home ownership in a town of 16,020 homes. A developer is thinking about developing a new planned community with 300 units for sale. The table below, based upon developer research, lays out the distribution of homeowners by income decile and family type. The developer has decided the community is most likely to appeal families with one or more children; single parents and young professionals with no income. The sweet spot is people in those categories with incomes in the top 40% of families. Local brokers assume there should be 500 new sales each year for the next five years

The developer needs to sell 60 units per year for the project to be viable. The developer also believes that the new project will capture 20% of all sales within the targeted demographic.

A.How many sales are projected each year using these assumptions

B.should the project be greenlit.

C. If the developer changes the layout to also appeal to empty nester in the same income deciles, how many sales would be projected each year?

Income Deciles	Family with 1 or more children under 18	Empty Nesters	Single Parents	Young Professionals, No Children	Other
0-9	14	18	4	8	1
10-19	28	36	8	16	2
20-29	42	54	12	24	3
30-39	112	144	32	64	8
40-49	168	216	48	96	12
50-59	252	324	72	144	18
60-69	840	1080	240	480	60
70-79	1008	1296	288	576	72
80-89	2016	2592	576	1152	144
90-99	504	648	144	288	36
	4984	6408	1424	2848	356