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Business, 20.07.2021 03:20 Tayler9353

A weekly business magazine offers a 1-yr subscription for $48 and a 3-yr subscription for $116. If you thought you would read the magazine for at least the next 3 years, and consider 20% as a minimum rate of return A) The PW of cost for the 1 yr subscription is closest to:
B) The PW of cost for the 3 yr subscription is closest to
a. $116
b. $48
c. $121
d. $64

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Answers: 2

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