How can i calculate/solve the following problem? the annual subscription to a health magazine is currently $50 and is expected to increase by 6% per year forever. a life subscription is 410, payable...


How can i calculate/solve the following problem?


the annual subscription to a health magazine is currently $50 and is expected to increase by 6% per year forever. a life subscription is 410, payable today and the discount rate is 10%. in order to justify your subscription, approximately how many more years must you live?



Jun 02, 2022
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