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
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.
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.
Professional academic writers
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.
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.
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.
24/7 Customer Support
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!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
You are welcome to choose your academic level and the type of your paper. Our academic experts will gladly help you with essays, case studies, research papers and other assignments.
Admission help & business writing
You can be positive that we will be here 24/7 to help you get accepted to the Master’s program at the TOP-universities or help you get a well-paid position.
Editing your paper
Our academic writers and editors will help you submit a well-structured and organized paper just on time. We will ensure that your final paper is of the highest quality and absolutely free of mistakes.
Revising your paper
Our academic writers and editors will help you with unlimited number of revisions in case you need any customization of your academic papers
Hello The Homework Helpers Support