Under which of the following fees would victor pay amy and, Financial Management

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Under which of the following fees would victor pay amy and

Victor would like to subscribe to Netflix for the next 60 months (the first payment is due one month from today). The monthly charge of Netflix is $8. On the other hand, Victor can use Amy's Netflix account if he is willing to pay her a one-time fee today. Suppose the monthly interest rate is 1%. Under which of the following fees would Victor pay Amy and use her account rather than buying his own account?

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Financial Management: Under which of the following fees would victor pay amy and

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