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Business, 01.11.2019 03:31 lorip7799ov3qr0

You quit your job as an analyst making $40,000. you then take you $500,000 in savings and open a mighty taco restaurant. you work roughly the same hours as before and make $60,000 per year from the restaurant. assume the interest rate on government treasury notes is 5%. calculate the economic profit or loss from your move in year 1. (include a negative sign if it’s a loss)

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