A subscription to Time magazine is $24.97 for one year, $45.94 for two years or $74.91 for three years. Which plan is least expensive if you want the subscription per year? Solve this problem using unit price.

Question

A subscription to Time magazine is $24.97 for one year, $45.94 for two years or $74.91 for three years. Which plan is least expensive if you want the subscription per year? Solve this problem using unit price.
A: $45.94 for two years
B: the plans are the same price for two years
C: $24.97 for one year
D: $74.91 for three years

GPT 3.5 · Accepted Answer

To determine which plan is least expensive per year, we will divide the total cost by the number of years.

For option A, the cost for two years is $45.94. Therefore, the cost per year is $45.94/2 = $22.97.

For option B, we are given that the plans are the same price for two years. Therefore, the cost per year is $45.94/2 = $22.97.

For option C, the cost for one year is $24.97. Therefore, the cost per year is $24.97/1 = $24.97.

For option D, the cost for three years is $74.91. Therefore, the cost per year is $74.91/3 = $24.97.

Therefore, we can see that options A and B have the lowest cost per year of $22.97.