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Your subscription to Jogger's World Monthly is about to run out and you have the choice of renewing it by sending in the $10 a

Your subscription to Jogger's World Monthly is about to run out and you have the choice of renewing it by sending in the $10 a year regular rate or getting a lifetime subscription to the magazine by paying $100. Your cost of capital is 7%. How many years would you have to live to make the lifetime subscription the better buy? Payments for the regular subscription are made at the beginning of each year.

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