If 400000 people each receive an average refund of 2400
If 400,000 people each receive an average refund of $2,400, based on an interest rate of 4 percent, what would be the lost annual income from savings on those refunds? Assume the savings could have been invested for the entire year
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if 400000 people each receive an average refund of 2400 based on an interest rate of 4 percent what would be the lost
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