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Unit 3 Project, Screenshot 2024-03-06 09.58.24, Builder/Checker - Coggle…

- - - - The Population of NY has 19.84 million and the unvaccinated population is 595,200
        
        if it is $50 per person then the lone would be $29,760,000
        
        The Reasoning behind the lone would be the population density of NYC and the amount of tourist in NYC.
        
        The loan is necessary because the population of New York City is so dense. Furthermore, the amount of tourists must be accounted for as well. Without the loan, the vaccines can't be administered. The loan will be paid back as people pay for the vaccine.
        
        The vaccine will be up charged to $70
        
        That would be 41,664,000
        
        595,200 x 70 = 41,664,000
        
        The NY Budget is $215.6 billion, including $196.4 billion for medicaid
        
        To build a surplus the lone will be $30,000,000
        
        The lone will have a interest rate of 2%
        
        The total amount of money due is $30,600,000
        
        2 more items...
    - - 19.84 - 19.38 million = 595,200
        
        30,000,000(1+.02)^1 = 30,600,000
        
        30,000,000(1+.02)^1 = 30,600,000
        
        .02 x 30,000,000 = 600,000
        
        50 x 595,200 = 29,760,000