Cody lives and dies by statistics. He refers to stats and facts before making any big decision. When he considers starting a small business, he researches the first-year survival rate of small businesses. What does Cody find in his research? A. 35% of small businesses survive their first year of existence B. 40% of small businesses survive their first year of existence C. 80% of small businesses survive their first year of existence D. 80% of small businesses do not survive their first year of existence

After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?