Frederick wants to redo his kitchen but also wants to save money for retirement. His retirement account is expected to earn 5% interest every year and redoing his kitchen would cost $15,000 . What is the opportunity cost for choosing to save the money for retirement?(1 point) Responses 5% of the initial $15,000 in the first year, plus 5% of the new total in that account in the second year, plus 5% more in the third year, and so on until he withdraws the money 5 percent of the initial 15 dollars comma 000 in the first year, plus 5 percent of the new total in that account in the second year, plus 5 percent more in the third year, and so on until he withdraws the money the benefit he would get from redoing his kitchen the benefit he would get from redoing his kitchen $15,000 15 dollars comma 000 5%