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.(1 point)%0D%0AResponses%0D%0A%0D%0A$24.97 for one year%0D%0A$24.97 for one year%0D%0A%0D%0A$45.94 for two years%0D%0A$45.94 for two years%0D%0A%0D%0AThe plans are the same price for two years.%0D%0AThe plans are the same price for two years.%0D%0A%0D%0A$74.91 for three years%0D%0A$74.91 for three years

1 answer

To find the unit price, we need to divide the total cost by the number of years.

For the one-year plan:
Unit price = $24.97 / 1 year = $24.97/1 = $24.97/year

For the two-year plan:
Unit price = $45.94 / 2 years = $45.94/2 = $22.97/year

For the three-year plan:
Unit price = $74.91 / 3 years = $74.91/3 ≈ $24.97/year

Therefore, the two-year plan is the least expensive as it has the lowest unit price of $22.97/year.