For what interest rates do you prefer each payment plan

Reference no: EM13202206

A business magazine is available for $58 for 1 year, $108 for 2 years, $153 for 3 years, or $230 for 5 years. Assume you will read the magazine for at least the next 5 years. For what interest rates do you prefer each payment plan?

Reference no: EM13202206

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