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The local credit union pays interest of 7% on amounts above $540 in a savings account. Helen does not trust banks. She chooses not
The local credit union pays interest of 7% on amounts above $540 in a savings account. Helen does not trust banks. She chooses not to have a savings account, and instead keeps $1080 in cash in her home safe. What is Helen's annual opportunity cost of keeping her money at home instead of putting it in a savings account at the credit union?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
