Answer & Explanation:
a. The game tree for this sequential-move game is as follows:
"The image is attached below"
Therefore, if Big Panda climbs the tree the cost for him will be 2kilocalories, thus his payoff will reduce by 2Kc.
Similarly, if Little Panda climbs the tree there will be cost of 0Kc for climbing the tree.
b. When the rollback equilibrium is used, then Little panda will choose not to climb the tree corresponding to Big Panda's strategy for climbing the tree.
That is the payoff will be as:
If BP climbs the tree the payoff cost will be 4Kc, 4Kc
If BP don't climbs the tree the payoff cost will be 9Kc, 1Kc
In this case Big panda will chosoe not to climb the tree.
Therefore the rollback equilibrium will be equal to 9Kc, and 1Kc.
A) The salary you will earn with a degree will pay back the cost of college over your career.
Answer:
b. coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository.
Explanation:
Cash consists of coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository. Cash is distinct from postage stamps, credit, money orders or checks that are not physically being held by the holder.
Cash can be defined as a legal tender such as money in its physical form which can typically be used to purchase goods and services, as well as pay debt.
Answer:
$14,407.72
$10,604.64
$15,979.32
Explanation:
The formula to be used is :
FV = PV x е^r x N
FV = Future value
P = Present value
R = interest rate
N = number of years
$1,900 x e^0.08 x 7 = $14,407.72
$1,900 x e^0.11 x 5 = $10,604.64
$1,900 x e^0.05 x 8 = $15,979.32
