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14 (Mandatory) (2 points) Currently, the interest rate paid in most banks for savings account in 2.25%. Evelyn just won a lottery and received $150,000
14 (Mandatory) (2 points) Currently, the interest rate paid in most banks for savings account in 2.25%. Evelyn just won a lottery and received $150,000 in cash. She wants to hold this money in her checking account as she thinks the interest rate is too low on the savings account. What is her opportunity cost of holding the money? Question 14 options: a) None b) $146,625 c) $3,000 d) $3,375
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