Construct a sensitivity graph to illustrate the situation

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Reference no: EM131374793

The Hanover Go-Kart Klub has decided to build a clubhouse and track several years from now. The club needs to accumulate €5 0 000 by setting aside a uniform amount at the end of even" year. The y believe it is possible to set aside €700 0 even" year at 10% interest.

They wish to know how many years it is will take to save €5 0 000 and how sensitive this result is to a 5% and a 10% increase or decrease in the amount saved per year and in the interest rate. Construct a sensitivity graph to illustrate the situation.

Reference no: EM131374793

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