You as a businessperson have one million dollars to invest.One option is to investyour money in a saving account

that gives you4% annual interest rate.But you decide to open a convenient store instead. You need to rent a place

for $6000 per month and hire two workers and pay them each $3500 monthly. The other expenses such as purchases

and overhead are $6700 per month. Yourstore generates $298,000 sales per year.

How much is your economic profit?which business do you choose? why?

explain and show calculations