Define Net Present Value (NPV)and Describe How It Is Used

question 49

Essay

Define net present value (NPV)and describe how it is used to evaluate capital budgeting proposals.

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Definitions:

Accessor Method

A method in object-oriented programming used to retrieve the value of an attribute from an object.

Data Members

Variables that hold data specific to an instance of a class, also known as fields or properties.

Public

A keyword in many programming languages specifying that a variable, method, or class is accessible from any other code in the same environment.

Private

In object-oriented programming, an access modifier that restricts visibility of a class member to within the class itself.