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)

Question

Responses

$24.97 for one year
$24.97 for one year

$74.91 for three years
$74.91 for three years

$45.94 for two years
$45.94 for two years

The plans are the same price for two years.

Answer 1

To determine which subscription plan is least expensive per year, we can calculate the unit price for each plan by dividing the total cost by the number of years.

1. One-Year Plan: \[ \text{Cost per year} = \frac{24.97}{1} = 24.97 \]

2. Two-Year Plan: \[ \text{Cost per year} = \frac{45.94}{2} = 22.97 \]

3. Three-Year Plan: \[ \text{Cost per year} = \frac{74.91}{3} = 24.97 \]

Now, let's summarize the costs per year for each plan:

• One-Year Plan: $24.97
• Two-Year Plan: $22.97
• Three-Year Plan: $24.97

The least expensive option per year is the Two-Year Plan at $22.97 per year.

Thus, the correct response is: $45.94 for two years.