TheThe software manufacturer is offering three different licensing options: perpetual license, subscription license, and a perpetual license with an upgrade to the next release. The first licensing option, a perpetual license, costs $3,750. The second option is a subscription license that costs $625 per year for the next five years. The third option, a perpetual license with an upgrade to the next release, costs $4,500.What is a perpetual license?A perpetual license is a software license that grants the buyer the right to use a particular version of software indefinitely, even after the license's expiration. The software manufacturer is offering a perpetual license for a cost of $3,750. This licensing option allows the organization to use the software indefinitely, without any time restrictions.How much does the subscription license cost?The second licensing option is a subscription license that costs $625 per year for the next five years. This option allows the organization to use the software for five years, and they will have to renew their subscription after five years to continue using the software.How much does the perpetual license with an upgrade to the next release cost?The third option is a perpetual license with an upgrade to the next release, which costs $4,500. This option grants the organization the right to use the software indefinitely, like the first option, and they will also get an upgrade to the next version of the software when it is released. However, this licensing option costs more than the first option.