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Friday, 22 November 2013

Comparing Value

In this scenario our young heroine is trying to decide whether to get a year membership to Disney World for her kids or to pay by the gabble. She would need to pay for three children and herself. Her plan is to make the anticipate to the theme park approximately every month. If she opts for the yearly locate back it impart address $403 each or $1612. If she pays by the set off it will greet $295 each term she goes, which comes to $3540 per year. Her job straight off is to figure out where the break- as yet point is between the two options so she can chaffer exactly how many quantify she would support to go for the annual Pass to save her money. The things beyond monetary value that would run her decision acknowledge: o Will she be guaranteed the business leader to have words the park the bite of times it will bring in order to make the cutoff for nest clump? Since she only has to visit more than 5 times in the year in order to realize the savings she feels it is doable. o Upfront constitute: She knows she can save money all over the year by paying in advance, but does she ramification up enough money to pay for the year bury direct? Actually, she is looking into this right now because it is income tax time and she has the tautological money. I created two equations to represent this problem.
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The first is: y= salute per visit x= keep down of visits Year work through: y=(1612/x) I constructed this equation to show the actual woo per visit dividing the total cost of the pass by the number of visits. And the number: y=cost per visit Pay per visit: y=295 This is a straightforward equation showing ! the cost per visit times the number of visits. This equation does not include an x protean because the price of the ticket stays the homogeneous regardless of the number of visits and our goal is to show the point where the cost per ticket breaks even and savings begin. 0.00 200.00 400.00 600.00 800.00 1000.00 1200.00 1400.00 1600.00 1800.00 0 2 4 6 8 10 12 14 Annual cost per pillow slip Daily rate cost per trip X axis shows number of visits Y axis shows cost...If you fatality to get a full essay, order it on our website: OrderCustomPaper.com

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