asked 7.6k views
1 vote
Tina withdraws $20,000 from her money market account to start up her own house cleaning business. The account earns 3 percent interest. In order to properly account for all costs of her business, Tina must not forget:

1 Answer

3 votes

Answer:

The opportunity cost of $600

Step-by-step explanation:

The 3% of $20,000 = $600 which basically the opportunity cost.

answered
User Alexandre Martin
by
8.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.