Question: Using a business that provides tutoring services (Math $200 per lesson - Science $200 per lesson - English $200 per session) and was given $100k

Using a business that provides tutoring services (Math $200 per lesson - Science $200 per lesson - English $200 per session) and was given $100k from an investor for 40% of the company. The business has 5 employees, each paid as part-time employees (no insurance or benefits) at a rate of $50 per hour for 5 hours of work per week. The business is estimated to generate 15 hours of tutoring per week in year one, then double in year two and three.

Determine the following: Determine the return on investment for any angel investor.

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