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You are contemplating the purchase of a server for your it

You are contemplating the purchase of a server for your IT business. The server costs $20,000. After one year, you would be able to sell the server for $6,000. At the moment your bank is offering a 1% interest rate on financial investments.

What is the opportunity cost of keeping the server for one year?

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Business Management: You are contemplating the purchase of a server for your it

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Business Management: You are contemplating the purchase of a server for your it

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