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MArishka [77]
2 years ago
13

What is a current account?​

Business
2 answers:
Flura [38]2 years ago
6 0

Answer:

Current bank account is opened by businessmen who have a higher number of regular transactions with the bank. It includes deposits, withdrawals, and contra transactions. It is also known as Demand Deposit Account.

11111nata11111 [884]2 years ago
5 0

Answer:

<h2>a bank account from which you can take out your money when you want, with a cheque book or cash card</h2>

Explanation:

HOPE IT HELPS

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Answer:

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

Explanation:

Capital outlay = $216,758

Cash inflow every year = $43,900

Period = 10 Years

Net Present Value = Present value of cash inflow - Present value of cash outflow

Present Value of Cash Inflow = Cash inflow each year X Present value factor of cash inflows for years

= $43,900 X 5.22

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Net Present Value = $229,158 - $216,758 = $12,400

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Net Present Value measures the net effect of an investment discounted at current rate of interest, i.e. cost of capital.

Final Answer

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

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The correct answer is B

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