Description of this paper

a professional journal offers three types of subscriptions

Description

solution


Question

a professional journal offers three types of subscriptions, payable in advance: one year at $66, two years at $120, and three years at $160. If money can earn 6% interest compounded monthly, which subscription should you take? (assume that you plan to subscribe to the journal over the next three years.)

 

Paper#31090 | Written in 18-Jul-2015

Price : $22
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