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MMLU / You bought a limousine for …

Problem

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question

You bought a limousine for 98,000andareplanningtorentitforweddings,ceremoniesandpartiesat98,000 and are planning to rent it for weddings, ceremonies and parties at 245 per hour. If you estimate the car will be hired for 2 hours a day on average, with daily costs at about $50, what is the estimated yearly yield on your investment if you work all year round, i.e. every day of the year, including any festivities and weekends?
Plain-text mathematical notation (without MathML)
You bought a limousine for 98,000andareplanningtorentitforweddings,ceremoniesandpartiesat245 per hour. If you estimate the car will be hired for 2 hours a day on average, with daily costs at about $50, what is the estimated yearly yield on your investment if you work all year round, i.e. every day of the year, including any festivities and weekends?
Original LaTeX notation
You bought a limousine for $98,000 and are planning to rent it for weddings, ceremonies and parties at $245 per hour. If you estimate the car will be hired for 2 hours a day on average, with daily costs at about $50, what is the estimated yearly yield on your investment if you work all year round, i.e. every day of the year, including any festivities and weekends?

choices

  1. 164%
  2. 1.64%
  3. 0.45%
  4. 183%

subject

professional_accounting

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