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Author Question: Lucky Louie is considering a NOW account that requires a $1500 minimum balance and pays .5% ... (Read 159 times)

amal

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on: Apr 13, 2019

Lucky Louie is considering a NOW account that requires a $1500 minimum balance and pays .5% interest. What would be the opportunity cost if Louie needs to withdraw the required minimum balance from a savings account paying 2% interest? Compute the opportunity cost for one year.


◦ $10
◦ $22.50
◦ $25
◦ $35
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by amal on Apr 13, 2019

joanwhite

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Reply #1 on: Apr 13, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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amal

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Reply #2 on: Apr 13, 2019
Thank you!


joanwhite

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Reply #3 on: Apr 13, 2019
Always glad to help...


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