(Choose 1 answer)
(17438) John has decided to start his own lawn-mowing business. To purchase the mowers and the trailer to transport the mowers, John withdrew $1,000 from his savings account, which was earning 3%interest, and borrowed an additional $2.000 from the bank at an interest rate of 7%. What is John's annual opportunity cost of the financial capital that has been invested in the business?
A. $30
B. $140
C. $170
D. $300
Finish
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