Answer:
$17,910
Explanation:
With regards to the above, we would calculate the company's up to date ending cash balance as;
Up to date ending cash balance = Ending cash balance per books + Interest received from bank - NSF check
Up to date ending cash balance = $18,000 + $170 - $260
Up to date ending cash balance = $17,910
*Please note that outstanding checks and deposits in transit are used mainly to reconcile bank statements and not cash or book balance.
Answer:
(D) reduce open-market operations
Explanation:
Acording to my research, the best policy that Congress can adopt in order to avoid increasing the national debt would be to reduce open-market operations. This the central banks sell government securities so the system is left with less liquidity which lowers demand as well as lowering economy prices.
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Answer:
1. Payoff matrix : Strategic form
2. Game tree format : Extensive form
3. A junction on a game tree : Decision nodes
4. One of the final outcomes of a game tree : Terminal nodes
5. Divides the overall game tree into nested subgames before working backward from right to left : Backward induction
6. A mini-game within the overall game : Subgame
7. The process of backward induction that relies on both firms having perfect information about the decisions made in each subgame : Nash equilibrium.
Explanation:
Payoff matrix is the technique for decision making where goals are dependent on interaction with others. Nash equilibrium is a strategy in which every firm tries to choose best possible outcome keeping in view the decisions of other firms.
Answer:
Monthly deposit= $810.20
Explanation:
Giving the following information:
Number of periods (n)= 18 months
Interest rate (i)= 0.04/12= 0.0033
Future value (FV)= $15,000
<u>To calculate the monthly deposit, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (15,000*0.0033) / [(1.0033^18) - 1]
A= $810.20