A young couple planning for their future is considering purchasing a franchise for pizza business. The franchise will cost $35,000 and the couple will be required to purchase certain supplies from the franchisor. If the average profit on a pizza is $1, how many pizzas will they have to sell each week for 5 years just to pay for the cost of the franchise if the interest rate is 3% per quarter compounded daily? Assume 30 days per month, 52 weeks per year. You Answered

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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A young couple planning for their future is considering purchasing a franchise for pizza business. The franchise will cost $35,000 and the couple will be required to purchase certain supplies from the franchisor. If the average profit on a pizza is $1, how many pizzas will they have to sell each week for 5 years just to pay for the cost of the franchise if the interest rate is 3% per quarter compounded daily? Assume 30 days per month, 52 weeks per year.

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