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Question: A business magazine is available for $58 for 1 year, $108 for 2 years, $153 for 3 years, or $230 for 5 years. Assume you will read the magazine for at least the next 5 years. For what interest rates do you prefer each payment plan? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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