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Business, 23.07.2019 16:30 MyaaaMoney

greg, a landscaper, is planning on opening his own landscaping company. he currently earns $40,000 per year working for his uncle but he will need to quit that job. he plans to use $10,000 in savings to pay for the equipment he needs, though even after use he could sell the equipment for what he paid, $10,000. the current interest rate on savings is 5 percent. what is the total economic cost incurred by greg in running his own business?

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