7. Opportunity Cost of Tax Refunds. If 400,000 people each receive an average refund of $2,300, based

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7. Opportunity Cost of Tax Refunds. If 400,000 people each receive an average refund of $2,300, based on an interest rate of 4 percent, what would be the lost annual income from savings on those refunds? (Obj. 2)

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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Question Posted: Jul 24, 2024 12:01 PM

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7. Opportunity Cost of Tax Refunds. If 400,000 people each receive an average refund of $2,300, based

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Personal Finance

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