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Mathematics, 14.04.2021 18:00 taten1701
I am considering loaning my brother $10,000 for one year. He has agreed to pay 6% simple interest on the loan if I don't loan my brother the $10,000 it will stay in my bank account for the year where it will earn 3% simple interest. What is the opportunity cost to me of the loan to my brother?
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I am considering loaning my brother $10,000 for one year. He has agreed to pay 6% simple interest on...
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