Why would you be willing to purchasethe patron membership


Problem

A local symphony association offers memberships as follows: Continuing membership, per year $ 15 Patron lifetime membership 375 The patron membership has been based on the symphony association's belief that it can obtain a 4% rate of return on its investment. If you believed 4% to be an appropriate rate of return, would you be willing to purchasethe patron membership? Explain why or why not.

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.

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Microeconomics: Why would you be willing to purchasethe patron membership
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