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5 Day Disney world Vacation for family Cost: $14,500 New House Cost $450,000 Lexus LC 500 Cost $105,000 Assume you are going to make a

5 Day Disney world Vacation for family

Cost: $14,500

New House

Cost $450,000

Lexus LC 500

Cost $105,000

Assume you are going to make a purchase decision on whether or not to buy one of the three potential big-ticket items listed above.Choose one to evaluate and answer the following questions:

  1. What decision did you make and why?
  2. How comfortable would you feel making this decision and why?
  3. What financial information would you need to make the decision and why?
  4. What non financial factors would also play a role in your decision to either purchase or not purchase this item?

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