If You Have $10,000 to Start a Decorative Bottle-Cap Pin

question 78

Multiple Choice

If you have $10,000 to start a decorative bottle-cap pin business, the interest rate is 4 percent, your annual cost of raw materials are $3,000, and the earnings you sacrifice from working at another job are $32,000, your yearly cost of doing business would be

• A)$13,000.
• B)$13,400.
• C)$35,400.
• D)$45,000.

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Definitions:

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