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please explain me the following question. 1.Gwen has decided to start her own photography studio. To purchase the necessary equipment, Gwen withdrew $2,000 from her
please explain me the following question.
1.Gwen has decided to start her own photography studio. To purchase the necessary equipment, Gwen withdrew $2,000 from her savings account, which was earning 3% interest, and borrowed an additional $4,000 from the bank at an interest rate of 7%. What is Gwen's annual opportunity cost of the financial capital that has been invested in the business?
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