Math equation on figuring out the value of your miles: Cost of ticket / divided by number of required miles
= value per mile $ 600 / 40,000 miles = 1.5 cents per mile (CPM)
Not exact matches
The redemption
value is 1 cent
per mile (so 10,000
miles = $ 100).
Therefore, since the user can get two airline X
miles for a single point, this redemption results in a
value per point of 2 x $ 0.01
= $ 0.02.
The redemption
value is 1 cent
per mile (so 10,000
miles = $ 100).
Points redeemed for travel are worth 1.25 cents each (10,000 points
= $ 125) instead of the usual
value of one cent
per mile (10,000 points
= $ 100).