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Which of the options should you choose

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Question - You are considering subscribing to a newspaper. You have been a reader of it for a long time and intent to keep reading it. The newspaper offers you three options: a one-year subscription for $ 20, a two-year subscription for $ 36, or a three-year subscription for $ 45. Assume that you have a discount rate of 20% and that the cost of a subscription will not change over time. Which of the options should you choose?

Reference no: EM132988196

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