You run a business and are considering offering a new service. If you offer the new service, you expect it to generate $50,000 in profits each year for your business over the next two years. In order to offer the new service, you will need to take out a loan for new equipment. Assume a 6 percent annual interest rate. your loan must be less than $ in order for future benefits to exceed present costs.

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step-by-step explanation: lol

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step-by-step explanation:

fabric (square meters)                   cloaks

7                                                           21

4/3                                                         4

step-by-step explanation:

we are told that harry needs 2 square meters of fabric for every 6 wizard cloaks he makes.

1. first of all we will find how many cloaks can be made from 1 square meter of fabric by dividing 6 by 2.

we can see that 3 cloaks can be made from 1 square meter of fabric. now we will multiply 3 by 7 to find number of cloaks made from 7 square meters of fabric.

therefore, harry will make 21 cloaks from 7 square meters of fabric.

2. let us find how many square meters of fabric will be needed to make 4 cloaks.

first of all we will find fabric needed for 1 cloak by dividing 2 by 6.

we can see that fabric needed for 1 cloak is   square meter. now we will multiply   by 4 to find fabric needed for 4 cloaks.