Posted
Dolly Parton made a surprise appearance at the Moscow Circus show preview on Dollywood's opening day to give 1,600 people Platinum season passes valid for the next 20 years.
Read more from WVLT/Knoxville and WBIR/Knoxville. Read an AP story from The Daily Times.
Just kidding (although in the Smokies a lot of people are related to Dolly.) I think this is a pretty neat idea.
I would be pissed if they were giving that kind of thing out. I'd rather that money go somewhere useful, like my pocket. :)
Platium passes at Dollywood for $120.95 per year and then I round to nearest hundredth. $121.00*20 years = $2400 per guest
I calculated 2400*1600=3,872,000
Thats is alot of money Dolly Parton gave to those guests and the guests at theater $2,400. from Dolly Parton thats good stuff.
Peace out from Will Kovich
Taking Will's calculation of $3,872,000.00, and going with ING Direct's 5-year CDs currently offering 4.5% (and that's compounded annually), that gives a total of: 9,338,156.71. Even a more conservative 4% yields $8,484,028.81. 3.75% yields $8,085,324.53.
Perhaps they were figuring the $8million cost as a loss of the face value of the passes plus 3.75% annually for the life of the tickets, compounding to a total of $8million?
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