The cost of going to an ATM is $1 in an economy.If the nominal interest rate in the economy is 5 percent, what is the total cost associated with holding cash for an individual who spends $10 daily and has a 15 percent probability of having his cash lost or stolen? Assume that he visits the ATM once in every T days.
A)(182.5/T) + (0.2 × T)
B)(182.5/T) + (0.2 × T).
C)(365/T) + (0.5 × T)
D)(365/T) + T

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The Answer of The cost of going to an ATM is $1 in an economy.If the nominal interest rate in the economy is 5 percent, what is the total cost associated with holding cash for an individual who spends $10 daily and has a 15 percent probability of having his cash lost or stolen? Assume that he visits the ATM once in every T days.
A)(182.5/T) + (0.2 × T)
B)(182.5/T) + (0.2 × T).
C)(365/T) + (0.5 × T)
D)(365/T) + T

The Cost of Going to an ATM Is $1 in an Economy.If