1. Suppose that you have a friend who works at the new streaming ser- vice Go-Coprime. Let's call him Keith. He can get you a 24 month subscription for an employee discount price of $300 up front. Assume that the normal monthly subscription fee is $16 paid at the end of each month and that money earns interest at 2.8% p.a. compounded monthly. (a) Calculate the present value of the normal monthly subscription for 24 months and compare this to the discount option that Keith is offering. How much money do you save? (Give your answers rounded to the nearest cent.) (b) How many months of the normal subscription would you get for $300? (Give your answer rounded to the nearest month.)