You have choice when subscribing to our magazine for four years: you can Option A: pay $100 now for a four year subscription, Option B: pay $30 at the end of each year for four years, Option C: pay $50 today and $60 again three years from today. Which is the best deal for you, the subscriber, if the interest is 10% yearly?

You have choice when subscribing to our magazine for four years: you can Option A: pay $100 now for a four year subscription, Option B: pay $30 at the end of each year for four years, Option C: pay $50 today and $60 again three years from today. Which is the best deal for you, the subscriber, if the interest is 10% yearly?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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