Answer: $1,203.49
Explanation:
The equal contributions will be an annuity. The $3,500 already there will also grow at 6% for 3 years. Expression is;
8,000 = ( 3,500 * ( 1 + 6%)^3) + Contribution * Future value interest factor of annuity, 3 years, 6%
8,000 = 4,168.56 + Contribution * 3.1836
Contribution = (8,000 - 4,168.56) / 3.1836
Contribution = $1,203.49
All of the above are regulated :)
It is true that a standing bill been passed
Answer:
b (A,B) and (D,E).
Explanation:
When player 1 chooses A then, player 2 has a more pay-off in choosing D. And when player 1 chooses B then, player 2 has more pay-off in choosing E. And when player 1 chooses C then , player 2 has more pay-off in choosing D. Therefore, for player 2 the set of rationalizable strategies are [D , E].
Similarly, when player 2 choose D the, player 1 has more pay-off in choosing A . And when player 2 chooses E then, player 1 has more pay-off in choosing B. And when player 2 chooses F then, player 1 has more pay-off in choosing A . Therefore, for player 1 the set of rationalizable strategies are [A, B].
Answer: C. it's a good time to buy the wood.
Explanation:
$500 = 738NZ dollars, therefore 738 NZ dollar ÷ $500 = 1.476NZ dollar
The current exchange rate is $1 = 1.476NZ dollar
10 foot slab costs $5000, Tee Golf Resort will pay $ 3387.53 ($5000/1.476NZ)
if they import wood from New Zealand. Tee Golf Resort will pay less than $5000 if they import Wood from New Zealand at the current exchange rate. This is a Good time for them to import woods