The movie Moneyball (based on the book by Michael Lewis) tells the story of Billy Beane, the general manager of the Oakland A's baseball team, and how he transformed baseball using advanced statistical techniques for selecting players. Unlike rich teams like the New York Yankees, the A's have a very low payroll budget so Beane created a successful strategy of talent creation. a. buy
b. hold
c. succession
d. make

B. Hold

Explanation: the Oakland A's baseball team has a very low payroll budget which means the team received low income as pay. So Beane the general manager created a successful "hold strategy" to retain talents created in the team. It is a good business management strategy to keep your best guys, but with low pay you can not keep them for long.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20