Question: You launched Project x that is based on the pre - investor's model. Pre - investors denote nonprofessional or non - institutional investors such as

You launched Project x that is based on the pre-investor's model. Pre-investors denote nonprofessional or non-institutional investors such as friends, family and strangers who help to fund the project. However, they expect to see a return on their investment. Nonetheless, Project x involves a new social media platform that seeks to generate revenue from user subscriptions. To launch the project, the pre-investors need to invest an accumulative amount of R75000,00(year 0). As subscribers and pre-investors join your venture, you expect the initial investment of R75000 to grow, increasing with R15550,00 annually for four years (years 1-4). In the first year, you expect the new social media platform will generate R110000,00, increasing annually with R25000,00. Calculate the total project revenue.
a. R530500,00
b. R185000,00
c. R500000,00
d. R590000,00
 You launched Project x that is based on the pre-investor's model.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!