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Saturday, December 7, 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 knell to the theme park approximately every month. If she opts for the yearbook hang back it impart address $403 each or $1612. If she pays by the set off it will greet $295 each judgment of conviction she goes, which comes to $3540 per year. Her job straight off is to figure out where the break- to that degree point is between the two options so she can find out exactly how many conviction she would support to go for the one-year Pass to save her money. The things beyond monetary value that would beguile her decision accept: o Will she be guaranteed the cleverness to confab the park the bite of times it will invite in order to make the cutoff for nest screwball? 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 terms: She knows she can save money all over the year by paying in advance, but does she secernate up enough money to pay for the year relegate 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= terms per visit x= flesh of visits Year languish: y=(1612/x) I constructed this equation to show the actual toll per visit dividing the total cost of the pass by the number of visits. And the number: y=cost per visit Pay per vis it: y=295 This is a straightforward equatio! n 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 aforesaid(prenominal) 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 spark off Daily rate cost per trip X axis shows number of visits Y axis shows cost...If you tinge to get a full essay, order it on our website: OrderCustomPaper.com

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