Question: A professional journal offers three types of subscriptions, payable in advance: one year at $66, two years at $ 120, and three years at $

A professional journal offers three types of subscriptions, payable in advance: one year at $66, two years at $ 120, and three years at $ 160. If money can earn 6% interest compounded monthly, which subscription should you take? (Assume that you plan to subscribe to the journal over the next three years.)

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