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When is good order important?. How does doing things step-by-step relate to good order? How does taking things day-by-day relate to good order?. Baby Gibson’s Aunt. By Richard Holden. Overview. The characters Bad news/good news Calculating the good More bad news Calculating the bad
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How does doing things step-by-step relate to good order? • How does taking things day-by-day relate to good order?
Baby Gibson’s Aunt By Richard Holden
Overview • The characters • Bad news/good news • Calculating the good • More bad news • Calculating the bad • Conclusion and final thoughts
Rufus Henry • On parole from Pine Valley Honor Camp • Lives in the “Flats” • Durango housing project • Lives with mother, sister and brother • Hero is Ernie Brown, halfback for Cleveland Corsairs
Walter “Baby” Gibson • Rufus’ best friend • Huge and powerful for his age • Belongs to the Moors, a street gang • Impulsive • Comes to Rufus with good news/bad news
Baby Gibson’s Aunt Sally • Bad news: • Terminally ill • Good news: • Leaving all to “Baby” • House • Belongings • Savings • Classic car • Splitting all with Rufus • Each will get half
How Much? “So how much are we talking about, Baby?”
Aunt Sally’s House • Assessed at $25,000 • Needs repairs of $5000 • Set aside costs: • Insurance: $500 • Taxes: 2% of assessed value [25,000 – 5000 – 500 – .02(25,000)] = Money from House
Belongings • Cost of most furniture • New: $9,000 • Currently: 1/3 new price • Cost of antique rocker • New: $500 • Currently: 5 times the cost new (9,000 ÷ 3 + 5*500) = Money from Belongings
Savings • $500 cash • $1,500 checking • $3,000 bonds • $5,000 CDs Debt • Credit card debt is $2,500 (500 + 1,500 + 3,000 + 5,000 – 2,500) = Money from Savings
Classic Car • Original cost: $2,000 • Value in 1980: $500 • Value Dec 99: $1,000 • Since December 2000, it has doubled in value each of the past 5 years! 1,000 * 2 * 2 * 2 * 2 * 2 = (1,000 * 25 ) = Money from Car
Rufus Computes His Share House: [25,000 – 5000 – 500 – .02(25,000)] + Belongings: (9,000 ÷ 3 + 5*500)+ Savings: (500 + 1,500 + 3,000 + 5,000 – 2,500)+ Car: (1,000 * 25) Rufus will get one-half of all this money, so— Rufus’ Share = ½{[25,000 – 5000 – 500 – .02(25,000)] + (9,000 ÷ 3 + 5*500)+ (500 + 1,500 + 3,000 + 5,000 – 2,500)+ (1,000 * 25) }
Bad News Passed to Rufus: “Please excuse my dear aunt Sally” • She had an accident • Destroyed her car • Had no insurance • Had to pay for other car she hit
Please Excuse My Dear Aunt Sally Parenthesis: ( ), [ ], { }, Exponents Multiplication or Division (in order left to right) Addition or Subtraction (in order left to right) Rufus Remembers the Order of Operations
Rufus Calculates His “Would Be Gain” ½{[25,000 – 5000 – 500 – .02(25,000)] + (9,000 ÷ 3 + 5*500)+ (500 + 1,500 + 3,000 + 5,000 – 2,500)+ (1,000 * 25) } First, work within each inner parentheses: = ½{[25,000 – 5000 – 500 – 500] + (3000 + 2500) + (7,500) + (1,000 * 32)} = ½{[19,000] + (5,500) + (7,500) + (32,000)} = ½ {64,000} = $32,000
Rufus Asks About Damages Aunt Sally loses her car and has to pay $32,000 in damages to the other driver So how much does the accident set us back, Baby??
Rufus Computes His Share of Loss • = – ½[Car value before accident + 32,000] • = – ½ [(1,000 * 25) + 32,000] • = – ½ [(1,000 * 32) + 32,000] • = – ½ [(32,000) + 32,000] • = – ½ [64,000] • = – $32,000
Rufus Passes on His Calculations Guess we’re no worse off than when we started, Ruf. That leaves us exactly zero!
Rufus Summarizes the Day I guess the moral of this is that we need to depend more on ourselves
Rufus Summarizes the Day But, more importantly, right now we need to quit thinking about us and help your poor Aunt Sally!!
Credits • Character names taken from book, Durango Street, by Frank Bonham • Rufus Henry • Walter “Baby” Gibson • Pictures and graphics from MicroSoft’s Clips Online Next Story: “Finished”