A checking account is sometimes called a..

Business

2 answers:

asambeis [7]3 years ago

6 0

B
a demand deposit lets you withdraw money without advice notice

alexira [117]3 years ago

5 0

It's B) demand deposit account
Demand deposit accounts are also held at a financial institution that allows withdrawals and deposits. Also called demand accounts or transactional accounts

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"A forklift will last for only 2 more years. It costs $5,000 a year to maintain. For $20,000 you can buy a new lift that can las

BabaBlast [244]

Answer:

a. $2,465.82

b. $3,539.68

c. Yes, we should

Explanation:

Annual cost to maintain old forklift is $5,000

Equivalent Annual Cost (EAC) of new forklift = (Asset price x discount rate)/(1-(1+discount rate)-n), in which n is the number of year for usage of this forklift?

If discount rate is 4% per year, the EAC of new forklift is $2,465.82

= ($20,000x4%)/(1-(1+4%)-10)

If discount rate is 12% per year, the EAC of new forklift is $3,539.68

= ($20,000x12%)/(1-(1+12%)-10)

We should replace because with such above discount rate, the old forklift is more costly than the new one

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3 years ago

Because costs and benefits are both subjective, a person's cost-benefit analysis will always be based on what?

Allisa [31]

Answer: his or her unique values and benefits

Explanation: I just got it right

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