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What is Debra annual opportunity cost of keeping her money

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Question - The local credit union pays interest of 7% on amounts above $640 in a savings account. Debra does not trust banks. She chooses not to have a savings account, and instead keeps $1280 in cash in her home safe. What is Debra's annual opportunity cost of keeping her money at home instead of putting it in a savings account at the credit union?

Reference no: EM132934821

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