A magazine offers a one-year subscription rate of $63.80 and a three-year subscription rate of $159.80, both payable at the start of the subscription period. Assuming that you intend to continue to subscribe for three years and that the one-year rate does not increase for the next two years, what rate of "return on investment" will be earned by paying for a three-year subscription now instead of three consecutive one-year subscriptions?

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The Answer of A magazine offers a one-year subscription rate of $63.80 and a three-year subscription rate of $159.80, both payable at the start of the subscription period. Assuming that you intend to continue to subscribe for three years and that the one-year rate does not increase for the next two years, what rate of "return on investment" will be earned by paying for a three-year subscription now instead of three consecutive one-year subscriptions?

A Magazine Offers a One-Year Subscription Rate of $63