Find the total carrying cost per year

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Total carrying cost per year

If it costs $2 in storage costs to hold a $10 item in storage for 1 year, the total carrying cost per year is likely to be:

a) between 14.50 - 15.50
b) approx $12
c) between $3 and $5
d) about $2

 

Reference no: EM1343700

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