Question 1 of 30
A software company has a subscription model where customers can renew their subscriptions annually. If a customer decides to renew their subscription 30 days before the expiration date, they are eligible for a 10% discount on the renewal fee. The standard renewal fee is $500. If the customer cancels their subscription instead of renewing, they will incur a cancellation fee of $100. If they choose to renew, what will be the total amount they pay if they renew 30 days before expiration?
$450
$500
$400
$550

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