Question
The subscription rates in the United States and Canada for a civil engineering magazine are 1 year, $7.50; 2 years, $12.00; 3 years, $16.00; and
The subscription rates in the United States and Canada for a civil engineering magazine are 1 year, $7.50; 2 years, $12.00; 3 years, $16.00; and 5 years, $22.00. Compute the rate of return on the investment for purchasers of:
a) 2-year subscriptions
b) 3-year subscriptions
c) 5-year subscriptions.
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Intermediate Microeconomics and Its Application
Authors: Walter Nicholson, Christopher M. Snyder
12th edition
978-1133189022, 1133189024, 1133189032, 978-1305176386, 1305176383, 978-0357687000, 978-1133189039
