Your Green Investment Tips Subscription Is About to Expire

question 19

Multiple Choice

Your Green Investment Tips subscription is about to expire.You plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $850, also payable immediately.Assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?

• A) 7.48
• B) 8.80
• C) 10.35
• D) 12.18
• E) 14.33

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Definitions:

Skull

The bony structure forming the head in vertebrates, which houses the brain and provides facial structure.

HEXACO Model

A personality framework that includes six dimensions: Honesty-Humility, Emotionality, eXtraversion, Agreeableness, Conscientiousness, and Openness to Experience.

Emotionality

An individual's capacity to experience and express emotions.

Minnesota Study

Refers to a landmark series of psychological studies conducted at the University of Minnesota focusing on various aspects of human behavior, personality, and health.