Question
Lets assume that a person subscribes to the following streaming services at the listed rates: Service Monthly Cost Annual Cost Disney+, ESPN+ and Hulu $
Lets assume that a person subscribes to the following streaming services at the listed rates:
| Service | Monthly Cost | Annual Cost |
| Disney+, ESPN+ and Hulu | $ 13.00 | $ 156.00 |
| Netflix (HD, 2 Devices) | $ 13.00 | $ 156.00 |
| HBO Now | $ 15.00 | $ 180.00 |
| Total | $ 492.00 |
Assuming a discount rate of 6% per year, what would be the present value of paying for these subscriptions for 40 years? (Assume annual compounding, with all cash outflows occurring at year end.)
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Yes You Can Get A Financial Life
Authors: Ben Stein, Phil Demuth
1st Edition
1401911250, 978-1401911256
