SOLUTION: William decided to deposit his money in a basic savings account instead of a CD. At the end of one year, his savings account had $1,100. If he had put his money in the CD, he would

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: William decided to deposit his money in a basic savings account instead of a CD. At the end of one year, his savings account had $1,100. If he had put his money in the CD, he would      Log On

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Question 1099981: William decided to deposit his money in a basic savings account instead of a CD. At the end of one year, his savings account had $1,100. If he had put his money in the CD, he would have had $1,400 at the end of the year. What was the opportunity cost?
Answer by richwmiller(17219) About Me  (Show Source):