When amy's entire family tried advising her on her science project, she politely told them that too many cooks spoil the broth?

Amy’s expression of having to say ‘too many cooks spoil the broth’ is a way of saying that if too many people are going to be involved, it may ruin the project as this shows in the scenario above of Amy’s family advising her on her project.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

answer; normative economics;