You have a choice between spending the money now or putting it away for a year in a bank account that pays 5 percent interest.
What is the opportunity cost of spending the $100 now?
https://assignmentstutors.com/wp-content/uploads/2019/11/logo-300x75.png00adminhttps://assignmentstutors.com/wp-content/uploads/2019/11/logo-300x75.pngadmin2021-03-14 19:46:552021-03-14 19:52:24You win $100 in a basketball pool
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