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5 June, 13:05

Tina withdraws $20,000 from her money market account to start up her own house cleaning business. The account earns 3 percent interest. In order to properly account for all costs of her business, Tina must not forget:

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  1. 5 June, 13:22
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    The opportunity cost of $600

    Explanation:

    The 3% of $20,000 = $600 which basically the opportunity cost.
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