Download EXCEL – ACTIVITY #7 Fun and Sun Rent-A

EXCEL – ACTIVITY #7
Fun and Sun
Rent-A-Car or Fly
Directions: Read through the problem below and create a table to help the Smith family make a
decision about vacation. Remember to read all the pages (not just the 1st page.) When you have
finished, save it as YourName_Lesson7 and turn it in on my teacher page.
The Smith family is planning a 7 day vacation out West. They are flying from Ohio and will need to rent a car
after they arrive to the airport in Arizona. They researched rental car rates and found the following options.
*Weekly Rate 1 $329 per week flat rate, unlimited mileage.
*Weekly Rate 2 $219 per week flat rate, plus 12 cents per mile.
*Partial week charged at a full week's price.
-----------------------------------------------------**Daily Rate 1 $50 per day flat rate, unlimited mileage.
**Daily Rate 2 $40 per day flat rate plus 3 cents per mile.
**Partial days charged at a full day's price.
The Smiths don't know exactly how far they will drive but estimate that it will be between 500 and 1000 miles.
They must decide which plan to choose. Explore the four options on the next page.
Things to Do
1. Make a Table
Using Excel, create the table below & fill in the costs of each of the four options you reviewed above. Use
formulas to calculate the costs. For example, in the second cell under 500 (Cost at Weekly Rate 2), your
formula may look something like this:
Comparison of Total Rental Car Costs per Week Based on Mileage Driven
Total Miles Driven in 10 days
Cost at Weekly Rate 1
Cost at Weekly Rate 2
500
$329
600
$329
700
800 900 1000
$329
=219 + (500* 0.12)
Cost at Daily Rate 1
Cost at Daily Rate 2
2. Make a Graph
In the same Excel spreadsheet, create a graph that allows you to compare the weekly rate and
daily rate for the rows that are charged by the mile. You can use a Bar or Line Graph. Your
graph and axis (meaning the miles should be on the horizontal axis and the costs should be on the
vertical axis) should look similar to the graph template below. **You may need help with this so
please ask because you will only be graphing 2 rows in your table and you have to hold your
Ctrl key down while highlighting the cells you want to graph.
3. Answer the following questions on sheet 2 in your workbook (you may need to use a formula to
calculate the answers):
a. Which option would be best for the Smith’s if they want a car for 7 days and plan to drive 800
miles?
b. Which option is best for the Smith’s if they want a car for 3 days and plan to drive 1000 miles?
c. Which option is the worst for the Smith’s if they plan to rent a car for 7 days and drive 500
miles?
d. Which option is the worst for the Smith’s if they plan to rent a car for 4 days and plan to drive
500 miles?
e. Which car rental option is the best if the Smith’s have no idea how many miles they are going to
travel in 7 days?