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.

Answer 1

To determine which subscription plan is least expensive on a per-year basis, we will calculate the unit price for each subscription option.

1. 1-year subscription:

   • Cost: $24.97
   • Per-year cost: \( \frac{24.97}{1} = 24.97 \)

2. 2-year subscription:

   • Cost: $45.94
   • Per-year cost: \( \frac{45.94}{2} = 22.97 \)

3. 3-year subscription:

   • Cost: $74.91
   • Per-year cost: \( \frac{74.91}{3} = 24.97 \)

Now we summarize the per-year costs:

• 1-year: $24.97
• 2-year: $22.97
• 3-year: $24.97

The least expensive plan per year is the 2-year subscription at $22.97 per year.