# 1. A weekly magazine offers a 1-year subscription for $45 and a 3-year subscription for$118....

###### Question:

1. A weekly magazine offers a 1-year subscription for $45 and a 3-year subscription for$118. If you read the magazine for at least the next 6 years, which type of subscription would you prefer if the interest rate is 10% over the next 6 years? Assume the subscription rate remains the same over the next 6 years.

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