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SVEN [57.7K]
2 years ago
9

Francisco's credit card has an APR of 13%, calculated on the previous

Business
1 answer:
lora16 [44]2 years ago
5 0

Answer:

$279.53

Explanation:

The amount of the $5200 charge that Francisco made during the first month has been paid off will be the total of the principal paid which is:

Principal paid =

$47.67+$47.23+$46.80+$46.37+$45.94+$45.52

=$279.53

Therefore how much of the $5200 charge that Francisco made during the first month has been paid off will be $279.53.

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Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2
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Answer:

answer can be seen in the attached file

Explanation:

Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2 plays strategy (Please, label Player 1's strategies by A, B, and C, and Player 2's strategies as df, dg, ef, and so forth)

What is Game Theory?

This is a mathematical modelling that deals  with the analysis of strategies for dealing with competitive situations where the result of a participant's choice of action depends critically on the actions of other participants. Game theory has been applied to  in war, business, and biology, sport.

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Search Parameters(APEX VERIFIED)

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These items are taken from the financial statements of Windsor, Inc. at December 31, 2017.
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Answer:

To make balance sheet we first have to calculate net income/net profit for the year.

<em><u>Net profit Calculation</u></em>

Service revenue            $ 13,524

Insurance expense        ($     718 )

Depreciation expense   ($ 4,876)

Interest expense           ($ 2,392)

Profit                              $ 5,538

<em><u></u></em>

Balance Sheet

Asset

Non-Current Asset

Land                                                            $56,304                                                            

Buildings                                                     $97,336

Accumulated depreciation—buildings      ($41,952)

Equipment                                                   $75,808

Accumulated depreciation—equipment   ($17,222)

Total non Current Asset                            $170,274

Current Asset

Cash                                                              $10,893

Accounts receivable                                    $11,592

Prepaid insurance                                         $2,944

Current Asset                                               $25,429

Total Asset                                                   $195,703

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Common stock                                              $55,200

Retain Earning (36,801+5,538)                     $42,339

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Liability

Non-Current Liability

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Notes payable                                                $86,112

Interest payable                                               $3,312

Total Current Liability                                  $98,164

Total Liability + Equity                                $195,703

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Answer:

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