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/sci/ - Science & Math

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2846907 No.2846907 [Reply] [Original]

Let's see how well you can into econ, /sci/:

Suppose that Timmy is considering opening a restaurant. He will have to give up his job as a male escort with an annual salary of $150,000. He will also have to take 20,000 out of his account when the annual rate of interest is 7% in order to purchase furnishings. However, they can be resold for the same amount after a year should he decide to not continue his business.

What is the opportunity cost of him starting his own restaurant?

Picture's there to entice you into this thread.

>> No.2846913

$151,400

Please take the alien dongs somewhere else. Like to >>>/z/.

>> No.2846918

170000+7%

>> No.2846942

Not op, but what is/was /z/ ?
And am I not the only one who's redirected there occasionally ?

>> No.2846951

>>2846918
>>2846918

>> No.2846967

>>2846942
/z/: Beekeeping

>> No.2846978

>>2846967
Yup.

>>>/z/

>> No.2846992
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2846992

Sigh, thread failed.

>>2846913
is right.

>> No.2847043

>>2846942

What do you have to do on this site to get redirected to /z/?

>> No.2847673

>>2846913
>>2846992

What about inflation and the interest that also affects the deposited salary Timmy would have in case he keeps working as an escort?

Even if there was no inflation/deflation present, the rate of interest should be calculated into his potential salary.

>> No.2847720

>>2847043
>>2847043
WTF are you talking about?