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Race Car Driver

Real-Life Activities

Real-Life Math -- Solution

Winning all the races

Option 1:

$2,500 + 10% purse
(2,500 + (0.1 x 20,000) ) x 15 = $67,500 for the series

Option 2:

$600 + 20% purse
(600 + (0.2 x 20,000) ) x 15 = $69,000 for the series

If you won them all, Option 2 would be the one to take.

Winning 1 out of 7 races

1 / 7 = 0.143
0.143 x 15 = 2.145
races you'll win

Option 1:

2,500 x 15 = 37,500
0.1 x 20,000 x 2.145 = 4,290

37,500 + 4,290 = $41,790 for the series

Option 2:

600 x 15 = 9,000
0.2 x 20,000 x 2.145 = 8,580

9,000 + 8,580 = $17,580 for the series

Obviously, if you only think you can win 1 out of 7 races, Option 1 is the way to go.

But keep an open mind and be flexible.

Race car drivers are constantly making these types of decisions. "It seems like every day a new sponsor opportunity comes along, especially the more you win," says stock car driver Amy Selig.


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