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A company deposits $20,000 in a bank at the end of every year for 9 years. If the bank gives 8% interest, the balance at

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A company deposits $20,000 in a bank at the end of every year for 9 years. If the bank gives 8% interest, the balance at year 12 will be closer to: The opportunity cost of a choice is the value of the best alternative given up. True False

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