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Business, 18.09.2019 17:50 Joshghopper

Raymond estimates that the fixed costs associated with opening a new bank branch are $500,000. he expects the branch to attract 1,000 new customer accounts in the first year, each of which will cost $50 per year to service. he also expects to generate $100,000 per year in revenue. for raymond, the total cost of opening the new branch and remaining open for one year will be

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