# Solution-Travel expenses for all members of the group | Homework Helpers

Here is your opportunity to dream! Choose a vacation destination anywhere in the world (to which you must fly) for a two week trip (assume you have vacation time from work to take the trip) that you would like to take exactly ten (10) years from today. This can either be an individual vacation, a couple trip or a family excursion, depending on your life circumstances. After you’ve picked your destination (dream big), determine the following:

Travel expenses for all members of the group

Don't use plagiarized sources. Get Your Custom Essay on
Solution-Travel expenses for all members of the group | Homework Helpers
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!

Lodging expenses for the entire time period of the trip

Estimate of daily food expenses

Make a list of activities that you would like to engage in every day of the trip. Determine a cost for each day’s activity list (for example, tickets to amusement parks, museum entrance fees, boat trips, scuba diving, deep sea fishing, entertainment venues, etc.)

Make a list and associated cost estimate of any other expenses that you believe should be included in a total cost estimate for your vacation (e.g., pet boarding, house sitting, airport parking fees, etc.)

NOTE: You must research all aspects of your list to substantiate your cost estimates; that is, you must demonstrate and/or document how you derived each cost estimate in the list.

After gathering and organizing all collected data, prepare a document describing your destination (including your reason for choosing that location), listing (and substantiating) all costs of the trip (this can be done in a table or bullet point format, but it must be clear and provide sufficient detail so that the reader understands your interest and passion for your vacation), and determining a total cost of your dream vacation from the time you leave to the time you return.

Assuming that your estimated total cost will grow by 2.5 percent per year (due to inflation), demonstrate how you would compute the expected future cost of your dream vacation.

Suppose that you can invest money every month into a fee free mutual fund and that this fund is expected to have a 10 percent nominal annual rate of return. Using your estimated future cost (including inflation) as a future value, determine the amount of money you must save each month for the next 10 years (i.e., 120 months) to achieve your goal. Then determine the monthly amount you must save if you delay your trip for an aIDitional five years (that is, you will take the trip 15 years from today = 180 months) instead of 10 years from today (note: be sure to aID 5 aIDitional years of inflation to the estimated future cost). Write an explanation for your calculations so the reader is completely clear on how you derived your required monthly deposits.

Based on this numerical representation of your dream vacation, write a well contemplated critical analysis of your trip. For example, explore questions such as: is this something that you think is worth saving for, have you changed your mind after seeing the reality of the required sacrifice, are you rethinking the location or luxury level of your accommodations or daily outings, and so on.

Note that you must properly cite all reference sites that you used to collect data to estimate your costs value, etc.

Length: 4-5 pages not including title page and references

Your response should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.

Pages (550 words)
Approximate price: -

Why Choose Us

Top quality papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

We have hired a team of professional writers experienced in academic and business writing. Most of them are native speakers and PhD holders able to take care of any assignment you need help with.

Free revisions

If you feel that we missed something, send the order for a free revision. You will have 10 days to send the order for revision after you receive the final paper. You can either do it on your own after signing in to your personal account or by contacting our support.

On-time delivery

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & confidential

We use several checkers to make sure that all papers you receive are plagiarism-free. Our editors carefully go through all in-text citations. We also promise full confidentiality in all our services.

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

## Calculate the price of your order

Total price:
\$0.00

How it works?

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.