Business, 07.11.2019 23:31 kait93

Reece has decided to start his own brewery. to purchase the necessary equipment, reece withdrew $20,000 from his savings account, which was earning 3% interest, and borrowed an additional $50,000 from the bank at an interest rate of 5%. what is reece's annual opportunity cost of the financial capital that has been invested in the business?

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Reece has decided to start his own brewery. to purchase the necessary equipment, reece withdrew $20,...

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