Financial Plan Platform Selection UX Design Login System User Profile Database link Content Management and System (CMS) Extra functionalities Total investment costs 4.500 3.000 4.200 3.080 7.200 10.000 8.960 40.000 When taking out a loan in the amount of 40.000€ to cover the costs for the app, a period of payback for six years is set, which should be attainable. The effective rate of interest is 2.9%, and we wish to have liquidated the initial investment with monthly payments. This results in 72 months of payment with an amount of 605,28€ per month to pay. 38
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