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Sarah Has a Savings Account with a $1000 Balance That

Question 4

Multiple Choice

Sarah has a savings account with a $1000 balance that earns 3% APY.She decides to withdraw the entire balance to buy a laptop computer,what will be her opportunity if her buying the laptop?


A) the cost of the laptop
B) the forgone interest
C) the forgone interest and the cost of the laptop
D) the cost of the laptop minus the forgone interest

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