The engineering economist is a quarterly journal that costs


The Engineering Economist is a quarterly journal that costs $20 for 1 year, $38 for 2 years, or $56 for 3 years.

(a) What is the IRR for subscribing for 2 years rather than for 1 year at a time?

(b) What is the IRR for subscribing for 3 years rather than for 1 year at a time?

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Business Economics: The engineering economist is a quarterly journal that costs
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