4 years ago

Complete the sentence.

2 answers:

5 0

The lost interest is the opportunity cost of spending money now. Opportunity cost is defined as what you give up, to gain something else. Due to spending the money now instead of saving it, you are giving up the interest you could have accrued to gain what yous spend the money on now.

Blizzard [7]4 years ago

3 0

Or another way to say that is the Opportunity cost

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