Answer:
$21,860
Step-by-step explanation:
Answer:
False. See te explanation an counter example below.
Step-by-step explanation:
For this case we need to find:
for all
and for
in the Markov Chain assumed. If we proof this then we have a Markov Chain
For example if we assume that
then we have this:

Because we can only have
if we have this:
, from definition given 
With
we have that 
So based on these conditions
would be 1 with probability 1/2 from the definition.
If we find a counter example when the probability is not satisfied we can proof that we don't have a Markov Chain.
Let's assume that
for this case in order to satisfy the definition then 
But on this case that means
and on this case the probability
, so we have a counter example and we have that:
for all
so then we can conclude that we don't have a Markov chain for this case.
Step 1: 25% = 1/4 Turn the percent into a fraction
Step 2: 10.99 x 1/4 Multiply the discount
Step 3: 2.75 Get the amount that will be discounted
Step 4: 10.99 - 2.75 Subtract the total cost by the discount.
Answer: $8.24
You work out the price of each share:
$2500 ÷ 125 = $20 each
10% of that is $2, which added on means the share is worth $22
Hope it helps:-)
Answer:
8.67 seconds.
Step-by-step explanation:
I hope this helps!