Question 1 of 30
A company is evaluating its subscription service model for a new software product. They have two pricing strategies: a monthly subscription fee of $20 or an annual subscription fee of $200. If they project that 1,000 customers will choose the monthly plan and 300 customers will choose the annual plan, what will be the total revenue generated from both subscription models over one year? Additionally, if the company decides to offer a 10% discount on the annual subscription to encourage more customers to opt for it, how would this affect the total revenue?
$26,000
$24,000
$28,000
$30,000

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