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Classify each of the following costs as relevant or irrelevant to the decision at hand and briefly explain your reason a. The interest rate paid

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Classify each of the following costs as relevant or irrelevant to the decision at hand and briefly explain your reason a. The interest rate paid on invested funds when deciding how much inventory to keep on hand because a higher interest rate will motivate the company to decrease inventory levels and invest the extra funds a lower interest rate will motivate the company to decrease inventory levels and invest the extra funds inventory has nothing to do with interest rates

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