Question
Your favorite TV show, Netflix, offers you four different subscription deals for the next four years. It has guaranteed its current and future subscription rates,
Your favorite TV show, Netflix, offers you four different subscription deals for the next four years. It has guaranteed its current and future subscription rates, as shown below: A. A one-year subscription for P24, followed by a one-year renewal each year for P24 each year. B. A two-year subscription for P45, followed by a two-year renewal for P48. C. A three-year subscription for P72, followed by a one-year renewal for P24. D. A four-year subscription for P89. Which will you take, if your rate of discount is 6% and you want to subscribe to Netflix for four years?
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