daniel is a sessional staff tutor t the unversity. he earns $25000 per year from this activity. he aso recently competed in a television game show alled temptation and won $50 000. he is considering three alternative courses of action, investing in a long term bank deposit which pays 6% interest per year, investing in a share market or starting his own tutoring business.
he wants to maximise his financial return. he enjoys teahing and interacting wit students and would like to continue tutoring.

Question

daniel is a sessional staff tutor t the unversity. he earns $25000 per year from this activity. he aso recently competed in a television game show alled temptation and won $50 000. he is considering three alternative courses of action, investing in a long term bank deposit which pays 6% interest per year, investing in a share market or starting his own tutoring business.
he wants to maximise his financial return. he enjoys teahing and interacting wit students and would like to continue tutoring.

stamp · Answer

It helps people help you if you mention what subject you are currently in.

Algebra I/II? General math? Calculus? College or high school?

stamp · Answer

Not only that, but specify what topic you are in. Ex. polynomials, interest rates, exponential functions, etc.

stamp · Answer

tl;dr — context

anonymous · Answer

investing in the share market will enable him in his present job (still earning $25000 per year). he estimates that there is a 40% likihood that the investent will be successful and return $50 000 per year. a 35% likihood he will make a return of $30 000 per year an 25% chance that he will lose $25 000 pa. daniel will invest all of his $50 000 winnings in the share market

starting the tutoring business will mean that he must leave his present job. he estimates taht is business does poorly it will return him $30 000 per year but should it be sucessful it is expected to make him $60,000 per year. there is a 70% likihood that it will be successful and 30% likihood that it wont. daniel will need to spend $20,000 establishing his business. he will invest his remaing funds in a long term bank deposit (6% interest per year)

daniel has decided to start a tutoring businness.

anonymous · Answer

this is introduction to accounting and i havent done maths apps before o i have no idea how to do the calculations

stamp · Answer

@sarah110128 already this helps a great deal. I am not familiar with accounting, and therefore I cannot help you. hopefully somebody else can come along, see that material, and be prepared to assist you. thank you for the context of your assignment and good luck