Mathematics, 12.04.2021 23:20 alexsan5537
A tutor is starting a business. In the first year, they start with 5 clients and charge $10 per week for an hour of tutoring with each client. For each year following, they double the number of clients and the number of hours each week. Each new client will be charged 150% of the charges of the clients from the previous year. Assuming a full-time week is 40 hours per week, how many years will it take to reach full time and how many new clients will be taken on that year?After reaching full time, what is the tutor’s annual salary if they take 2 weeks of vacation?Is there another business model you’d recommend for the tutor? Explain your reasoning.
Answers: 3
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A tutor is starting a business. In the first year, they start with 5 clients and charge $10 per week...
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