Problem
A weekly business magazine offers a 1-year subscription for $58 and a 3-year subscription for $116. If you thought you would read the magazine for at least the next 3 years, and consider 20% as a minimum rate of return, which way would you purchase the magazine: With three 1-year subscriptions or a single 3-year subscription?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.