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What is the annual opportunity cost of a checking account that requires a minimum balance of $270 to avoid service charges? Assume an interest rate

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What is the annual opportunity cost of a checking account that requires a minimum balance of $270 to avoid service charges? Assume an interest rate of 2.5 percent. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Opportunity cost 15 10.800.00 X

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