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Skip to Main content Question 1 Question 2 Question 3 Question 4 Question 5 Question content area Part 1 One night Zabeen and Clinton decided
Skip to Main content Question 1 Question 2 Question 3 Question 4 Question 5 Question content area Part 1 One night Zabeen and Clinton decided to open a chocolate cheesecake bakery. Zabeen cashed in a $20 comma 000 savings deposit that was paying 2% interest per year. Clinton sold a $20 comma 000 bond that was paying 4% interest per year. They also borrowed $1000 on their VISA cards for a year at 21% per year. Financing the chocolate cheesecake bakery in this way has implicit costs of Part 2 A. $800 a year. B. $1 comma 200 a year. C. $400 a year. D. $210 a year
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