1. CAT VS DOG Group 5 Jessica Goodheart Motivational Counselor Nishel Baswell Secretarial Accomplice Kristy Clark Graphic Designer

3. Objective Cat or Dog - Which one costs less? Yearly cost to own Cat/Dog Compare EUAC

4. Scenario Human: Works 40 hours a week Makes $65,000 a year initially 4% raise per year 25 years of age when the dog or cat is obtained House: Yard: 1500 ft 2 Flooring: ½ Carpet, ½ Tile Furniture: Moderate

5. Scenario Equal lives of 13 years Medium size Indoor/Outdoor 2 meals/day

6. Variables Food, Treats Toys Vet Bills, Property Damage, etc. One-time purchases Repetitive expenses

7. Initial Analysis Years DogCat Average Cost Minimum Costs Maximum Costs Average Cost Minimum Costs Maximum Costs 0 $ 325.00$325 $ 135.00 1 $ 2,910.61$2,814$3,032 $ 1,980.54 $ 1,889.79 $ 2,061.68 2 $ 2,284.34 $ 2,227.91 $ 2,361.91 $ 1,647.44 $ 1,565.28 $ 1,742.50 3 $ 2,349.69 $ 2,291.57 $ 2,429.58 $ 1,696.86 $ 1,612.24 $ 1,794.77 4 $ 2,420.18 $ 2,360.31 $ 2,502.47 $ 1,747.77 $ 1,660.61 $ 1,848.62 5 $ 2,492.78 $ 2,431.12 $ 2,577.55 $ 1,800.20 $ 1,710.43 $ 1,904.08 6 $ 2,567.57 $ 2,504.06 $ 2,654.87 $ 1,854.21 $ 1,761.74 $ 1,961.20 7 $ 2,644.59 $ 2,579.18 $ 2,734.52 $ 1,909.84 $ 1,814.59 $ 2,020.03 8 $ 2,790.96 $ 2,723.58 $ 2,883.58 $ 2,030.47 $ 1,932.37 $ 2,143.97 9 $ 2,971.77 $ 2,942.31 $ 3,016.71 $ 2,201.93 $ 2,188.60 $ 2,202.73 10 $ 3,128.12 $ 3,097.78 $ 3,174.40 $ 2,335.19 $ 2,321.45 $ 2,336.01 11 $ 3,291.18 $ 3,259.92 $ 3,338.85 $ 2,474.46 $ 2,460.30 $ 2,475.30 12 $ 3,489.72 $ 3,457.52 $ 3,538.82 $ 2,648.49 $ 2,633.92 $ 2,649.36 13 $ 4,299.30 $ 4,266.15 $ 4,349.88 $ 2,977.60 $ 2,962.59 $ 2,978.49 Present Worth of Cost $ 26,810.94 $ 26,289.36 $ 27,531.60 $ 19,298.57 $ 18,677.98 $ 19,948.44 EUAC $ 2,854.18 $ 2,798.65 $ 2,930.90 $ 2,054.44 $ 1,988.38 $ 2,123.63

8. Initial Analysis - Summary 3% inflation, 5% MARR CostsEUAC DogEUAC Cat Average2854.182054.44 Minimum2798.651988.38 Maximum2930.902123.63

9. Sensitivity Analysis Varying Inflation and MARR Inflation RateEUAC DOG EUAC CAT 1.50%$2,594.20$1,864.07 2.00%$2,677.45$1,925.03 2.50%$2,764.07$1,988.46 3.00%$2,854.18$2,054.44 3.50%$2,947.94$2,123.10 4.00%$3,045.49$2,194.54 4.50%$3,147.00$2,268.87 5.00%$3,252.62$2,346.21 MARREUAC DOG EUAC CAT 3.50%$2,872.48$2,070.30 4.00%$2,866.23$2,064.92 4.50%$2,860.13$2,059.63 5.00%$2,854.18$2,054.44 5.50%$2,848.38$2,049.36 6.00%$2,842.74$2,044.38 6.50%$2,837.25$2,039.50 7.00%$2,831.90$2,034.73

10. Sensitivity Analysis Varying Dog Boarding Cost BoardingEUAC DOG $ (100.00) $ 2,055.77 $ (50.00) $ 2,116.26 $ - $ 2,176.74 $ 20.00 $ 2,200.94 $ 80.00 $ 2,273.52 $ 140.00 $ 2,346.10 $ 200.00 $ 2,418.68 $ 260.00 $ 2,491.27 $ 320.00 $ 2,563.85 $ 380.00 $ 2,636.43 $ 440.00 $ 2,709.01 $ 500.00 $ 2,781.60 $ 560.00 $ 2,854.18 EUAC CAT Initial $2,054.44

11. When is a Dog more economical? EUAC 2,854.17 EUAC 2,929.28

12. Sensitivity Analysis Cont. Varied food consumption Food/Day (lbs/day) EUAC CAT 0.19$2,054.44 0.38$2,214.53 0.56$2,374.61 0.75$2,534.69 0.94$2,694.78 1.13$2,854.86 EUAC DOG Initial $2,854.18

13. After Interviews, We Revised Our Numbers Dog ↑ Purchase of Dog Toys: ↑ ↓ Frequency of Grooming: ↓ Adjusted Once-in-a-lifetime materials costs. Delayed $50 gradient increase to vet bills Assumed we would board our dog in our home and pay a neighbor $20/day to feed, water, and walk our dog. Cat ↑ Frequency and Cost of Cat Toys: ↑ Bought a cat tree with our repetitive miscellaneous materials money. Delayed $50 gradient increase to vet bills. Assumed continued property damage throughout the lifetime of the cat, doubling the estimated property damage in the first and last year of the cat's life.

14. CAT WINS!!! YearsDogCat 0 $ 325.00 $ 135.00 1 $ 2,356.23 $ 2,158.47 2 $ 1,844.60 $ 1,836.20 3 $ 1,896.75 $ 1,891.29 4 $ 1,953.65 $ 1,948.03 5 $ 2,012.26 $ 2,006.47 6 $ 2,072.63 $ 2,066.66 7 $ 2,134.81 $ 2,128.66 8 $ 2,202.54 $ 2,192.52 9 $ 2,300.47 $ 2,303.61 10 $ 2,369.48 $ 2,372.72 11 $ 2,509.78 $ 2,513.11 12 $ 2,656.36 $ 2,688.31 13 $ 3,411.58 $ 3,018.61 Present Worth of Cost $ 21,312.48 $ 20,712.39 EUAC $ 2,268.84 $ 2,204.95

15. Project Resources Personal Experiences Internet Costco, Target, Sams Club, Wal-Mart, Pet-Smart, Petco Interviews Textbook

16. Useful Resources ★ www.moneycentral.msn.com/home.asp Financial calculators News Women in Red ★ www.getrichslowly.org

17. Questions?