Which of the following influences the opportunity cost of holding cash balances in a checking account?

Question

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The opportunity cost of holding cash balances in a checking account is influenced by any service charges applied to the account (A) and the difference between the nominal rate of interest available on alternative investments and the rate paid on checking deposits (C). Service charges reduce the effective return on the account, and the difference in interest rates represents the foregone earnings from not investing in higher-yielding alternatives.

Which of the Following Influences the Opportunity Cost of Holding