Answered

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Suppose the current account has a value of -$500,000 and the financial account has a value of $525,000. The value of the capital account is ___.

Sagot :

abiolataiwo2015

Based on the information given the value of the capital account is -$1,025,000.

Using this formula

Value of Capital account=-Current account-Financial account

Where:

Current account=-$500,000

Financial account=$525,000

Let plug in the formula

Value of Capital account=-$500,000-$525,000

Value of Capital account=-$1,025,000

Inconclusion the value of the capital account is -$1,025,000.

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