Answer:
If the amount is 1 for example,
And the bank does not want to pay more than 4%, then the amount will be,
4/100 ×1= 0.04
One method on optimizing a function is by finding the absolute extrema. It is done by having the optimal values continuous including the including the endpoints. I hope my answer has come to your help. God bless and have a nice day ahead!<span>
</span>
This shift in demand was likely the result of the improved technology of MP3 players.
Improved technology brought improved quality of MP3 players, which meant that more people were interested in buying them. MP3 players are far more convenient than CD players, because they are smaller, more easily portable, and overall better.
PLATO ANSWER: Alternative Goods
Hope this helps! I got it correct also so I know its correct!
Cash is the real money that we have while cash equivalents are instruments that can be turn to cash quickly. They are very liquid.
Treasury bills are cash equivalents. They are very liquid and can be converted into cash quickly. They are instruments in the money market.
Going by this above explanation, the Cash and Cash Equivalents that will be reported on the balance sheet are:
Cash --------------------------------------- $1,900
Treasury bills purchased--------------$500
Total-------------------------------------------<u>$2,400</u>
<u></u>
$2,400 will be reported as Cash and Cash Equivalents on the balance sheet.
