Chapter 2 Self-Study Questions
| 1. | Actual profit = $1,669,800, Profit margin = $1,669,800 / 12,500,000 = 0.1336 = 13.36% |
| 9. | Assuming an FTE rate of $200,000 per year, a six-person-year project would cost $1,200,000. |
| 13. | Choosing between buying a house vs. renting, investing in the stock market or other long-term investment, choosing between a zero interest loan vs. cash back when buying a car |
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