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Business, 21.04.2020 02:05 sarasaraparl4607

Suppose that Abdul opens a coffee shop. He receives a loan from a bank for $100,000. He withdraws $50,000 from his personal savings account. The interest rate on the loan is 8%, and the interest rate on his savings account is 2%.
What is Abdul's implicit cost?

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Suppose that Abdul opens a coffee shop. He receives a loan from a bank for $100,000. He withdraws $5...
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