Please read the information about Ski Valley, a local Ski Resort. Which is the
better alternative to buy, Plan 1 or Plan 2? Show calculations and how the answer depends on the opportunity cost of capital. You can assume that you will ski at least 10 years.
ETTY F A M 1 L Y QS. Skl Valley Club FAMILY and SINGLE MEMBERSHIPS Memberships are open to everyon. Interested in lolning Skl Valley. There are two plans in which to pay the Initial lolning tee. FAMILY Plan 1. Cash Payment Deposit with Membership Application S 200 Payable upon Membership Approval 1,500 Total Payments $ 1,700 Planll. Delarred Payment Deposit with Membership Application S 200 Payable upon Membership Approval 100 Fiscal Year Payment 200 (Payable October 1 of the next fiscal year after joining and each succeeding year. for 10 years. The fiscal year is May 1 - April 30.) Total Payments $ 2,300 SINGLE The Joining fee for a single member is one-hall that ol a family membership. A single member may change to a family membership at a future dale by paying the additional cost, All members must also select the appropriate duos category payable monthly or in a single payment. $ 1 N G E H E DOMOMI B E R S P Put the family on slris. All in a sublecl to New Yort Stels Semes Tu ETTY F A M 1 L Y QS. Skl Valley Club FAMILY and SINGLE MEMBERSHIPS Memberships are open to everyon. Interested in lolning Skl Valley. There are two plans in which to pay the Initial lolning tee. FAMILY Plan 1. Cash Payment Deposit with Membership Application S 200 Payable upon Membership Approval 1,500 Total Payments $ 1,700 Planll. Delarred Payment Deposit with Membership Application S 200 Payable upon Membership Approval 100 Fiscal Year Payment 200 (Payable October 1 of the next fiscal year after joining and each succeeding year. for 10 years. The fiscal year is May 1 - April 30.) Total Payments $ 2,300 SINGLE The Joining fee for a single member is one-hall that ol a family membership. A single member may change to a family membership at a future dale by paying the additional cost, All members must also select the appropriate duos category payable monthly or in a single payment. $ 1 N G E H E DOMOMI B E R S P Put the family on slris. All in a sublecl to New Yort Stels Semes Tu
