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17 August, 19:02

William decided to deposit his money in a basic savings account instead of a CD. At the end of one year, his savings account had $1,100. If he had put his money in the CD, he would have had $1,400 at the end of the year. What was the opportunity cost?

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  1. 17 August, 22:02
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    The opportunity cost is $300
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