MPfree

By Milad and Payton

MPfreeMusic Downloads

Domain Free Music Website

MPfree is a website that allows you to download domain free music for an annual price

$120.00 a year for a Regular Account - allows you to download a maximum of 40 songs per month

$150.00 for a Premium Account - maximum of 70 songs per month Once you have an account, you can download any of the

thousands of tracks in our extensive library of music Once downloaded, any of the songs

can be used in any of your projects, personal or commercial, with no worries of copy write

All of the songs included on MPfree have been approved by the artists

Revenue

MPfree makes on average 63% of each account paid for

$75.60 for each Regular Account $94.50 for each Premium Account It is estimated that there will be more Regular Accounts than Premium Accounts, so we are going to use the profits from the Regular Accounts in our graphs

yxStatistics

# of accounts sold Revenue ($)

1 75.6

2 151.2

3 226.8

4 302.4

5 378

6 453.6

7 529.2

8 604.8

9 680.4

10 756

The equation for this linear relation is:y = 75.6x

How Many Accounts do You Have to Sell to Become a Millionaire?

Use the equation: y = 75.6x 1 000 000 = 75.6 x

75.6 75.6

13 227.5 = x We would have to sell 13 228 accounts to be millionaires

This is achievable because music websites have the potential to do very well. For example, iTunes sells 5 billion songs a day according to CNN.com. Mpfree has the potential to do better than iTunes because all the music downloaded is domain and copy write free. Additionally, these stats are just based on the Regular Accounts, not including the revenue from Premium Accounts as well.

Graph

# of accounts sold

Reven

ue (

$)

0 2 4 6 8 10 120

100

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400

500

600

700

800

Revenue