Gavin has decided to start his own snow removal business. to purchase the necessary equipment, gavin withdrew $2,000 from his savings account, which was earning 3% interest and borrowed an additional $4,000 from the bank at an interest rate of 7%. what is gavin's annual opportunity cost of the financial capital that has been invested in the business. a. $340 b. $280 c. $60 d. $660
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Gavin has decided to start his own snow removal business. to purchase the necessary equipment, gavin...
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