What characterizes the equilibrium in a typical Complete
Intertemporal Model with Money?

The accrual method of accounting recognizes income when it is earned, regardless of when it is actually received. This means that income is recognized when goods or services are provided to customers, not when the payment is received.

In order for income to be recognized for tax purposes under the accrual method, there are a few conditions that must be met.

First, the income must be earned and the business must have a reasonable expectation of collecting the payment.

Second, the income must be realized or realizable, meaning it is either received in cash or another asset that can be easily converted to cash.

Finally, the amount of income must be determinable with reasonable accuracy. It's important to note that once income is recognized under the accrual method, it cannot be reversed in future periods.

To learn more about the accrual method, visit: https://brainly.com/question/29629090

#SPJ11

Jim and Pam should form a Limited Liability Company (LLC).

An LLC provides the personal asset protection they desire, as it separates their personal assets from the company's liabilities. This is important in case of lawsuits. Additionally, an LLC offers pass-through taxation, which means the profits and losses are reported on the individual's personal tax returns, avoiding double taxation.

This is beneficial for them since they are on a tight budget. Other business entities like sole proprietorship and general partnership do not offer the same level of personal asset protection, and a corporation may involve higher costs and complex regulations.

Regarding agency principles, the members of an LLC (Jim and Pam) act as agents of the company, making decisions on its behalf. They have the authority to enter contracts, manage operations, and are bound by the principles of agency law, such as fiduciary duties and duties of care and loyalty to the company.

To know more about Limited Liability Company click on below link:

https://brainly.com/question/18567855#

#SPJ11

Ilana's managerial approach will be motivating for those on the advertising team with a high need for autonomy. This is because she gave the team leader the freedom to report progress weekly and provided support if needed.

Ilana's directive to report progress weekly and to come to her only if they need anything suggests that she is giving the advertising team the freedom to work on their own without constant supervision. This approach can be motivating for those on the team with a high need for autonomy, as they are given the space to work independently and take ownership of their tasks.Ilana's approach allows for a certain level of independence, allowing team members to take ownership of their work and exercise their own judgment. This can be motivating for those who value autonomy in their work, as they are given the space to work on their ideas while still receiving support and guidance when needed.

Learn more about supervision here:

https://brainly.com/question/30033868

#SPJ11

A kind of surplus that might be created by the minimum wage is a labor surplus. A labor surplus occurs when the supply of workers willing to work at or above the minimum wage exceeds the demand for workers at that wage level.

A surplus created by the minimum wage can refer to an economic concept where the supply of labor exceeds the demand for labor, resulting in a surplus of workers who are unable to find employment. In this context, a minimum wage that is set above the market equilibrium can create a surplus of labor, as employers may not be willing to hire as many workers at the higher wage rate.

For example, if the minimum wage is increased significantly, employers may be forced to reduce their workforce or adjust their business practices to account for the higher wage costs. This can lead to a situation where there are more workers seeking employment than there are available jobs, creating a surplus of labor.

The potential for a surplus created by the minimum wage is a contentious issue in the ongoing debate over the economic impact of minimum wage policies. Supporters argue that the benefits of higher wages for low-income workers outweigh the potential costs, while opponents argue that it can lead to increased unemployment and decreased economic efficiency.

See more about minimum wage at https://brainly.com/question/28331168.

#SPJ11

When deciding whether a political group should be allowed to hold a public demonstration, several issues should be considered, such as: Public safety, Traffic and logistics, Free speech, Counter-demonstrations, Community impact

Public safety: Will the demonstration pose any threat to public safety? Will it result in violence or property damage .Traffic and logistics: Will the demonstration disrupt traffic flow or cause other logistical problems in the area where it will be held? Free speech: Does the demonstration involve peaceful expression of a political view or opinion, and therefore protected under the First Amendment? Counter-demonstrations: Will there be counter-demonstrations, and if so, will they pose a risk of violence or disruption to public safety? Permits and legal requirements: Does the group have the necessary permits and fulfill all legal requirements to hold a public demonstration? Community impact: What impact will the demonstration have on the community, and are there any potential negative consequences that should be considered? Of these issues, public safety and free speech are perhaps the most important to consider. While it is important to protect the right to free speech, this right is not absolute and must be balanced against the need to maintain public safety. Ultimately, any decision should be made on a case-by-case basis, taking into account all relevant factors and balancing the interests of all stakeholders involved.

Learn more about political here:

https://brainly.com/question/14452198

#SPJ11

To find out what zone the property James is interested in is located in, James should follow these steps:

1. Identify the local government jurisdiction (city or county) where the property is located. This is typically based on the property's address.
2. Visit the local government's official website, and look for the planning or zoning department.
3. Search for zoning maps or an online zoning map viewer on the planning or zoning department's page.
4. Locate the property on the zoning map, either by entering the address in the online viewer or by finding the property on a downloadable map.
5. Identify the zone designation for the property based on the map's key or legend.

By following these steps, James will be able to determine the zone in which the property he is interested in is located. This information is important for understanding the allowed uses and development standards for the property.

To know more about zones and locations, visit,

https://brainly.com/question/13778657

#SPJ11

The quick ratio for Standard Brakes is 0.47. This means that for every dollar of current liabilities that the company owes, it has only 47 cents of liquid assets to cover those obligations.

The quick ratio, also known as the acid-test ratio, is a financial ratio that measures a company's ability to meet its short-term obligations using only its most liquid assets. This ratio is important because it excludes inventory, which can be difficult to convert into cash quickly, and provides a more conservative measure of a company's liquidity.

To calculate the quick ratio for Standard Brakes, we need to add up the company's most liquid assets, which include cash, stocks and bonds, and accounts receivable, and divide this sum by the company's current liabilities, which include accounts payable, notes payable, and bonds payable.

Quick ratio = (Cash + Stocks and Bonds + Accounts Receivable) / Current Liabilities

Quick ratio = ($75,000 + $50,000 + $40,000) / ($50,000 + $125,000 + $175,000)

Quick ratio = $165,000 / $350,000

Quick ratio = 0.47

This ratio indicates that Standard Brakes may have difficulty meeting its short-term obligations, and may need to take steps to improve its liquidity position.

To learn more about quick ratio

https://brainly.com/question/30759733

#SPJ4

The options that are example of a digital marketing measurement metric includes:

The Option B is correct.

This metrics help businesses to assess effectiveness of their marketing strategies and campaigns and helps marketers to track the performance of their marketing efforts and make data-driven decisions.

All the metrics provided in this option gives insights into the performance of digital marketing efforts, and businesses use them to optimize their campaigns for better results. Therefore, the answer is "All of the above are examples."

Read more about digital marketing

brainly.com/question/8367090

#SPJ1

The value of a is $100.

At a quantity of 1, the total cost is $150, and the fixed cost is $50 (as indicated in the table). Therefore, the variable cost can be calculated by subtracting the fixed cost from the total cost:

To find the value of a, we need to use the information provided in the table to calculate the total cost and variable cost for one ride.

We can see that the fixed cost is $50, and when the quantity is 1, the total cost is $150. So the variable cost for one ride is:

Variable cost = Total cost - Fixed cost

Variable cost = $150 - $50

Variable cost = $100

Therefore, the value of a is $100.

Learn more about fixed cost ,

https://brainly.com/question/30011394

#SPJ4

Under IFRS, income includes increases in economic benefits from enhancements of assets not related to owners' contributions. This means that any increase in the value of an organization's assets, which is not a result of contributions made by the owners or shareholders, is considered income.

These enhancements can occur due to various factors such as market fluctuations, operational improvements, or successful business strategies.

In contrast, increases in owners' equity related to owners' contributions are not considered income under IFRS. Owners' contributions refer to the investments made by shareholders or business owners into the organization, such as purchasing shares or providing additional capital.

These contributions increase the owners' equity in the company but do not constitute income as they do not result from the organization's operational activities.

To summarize, income under IFRS includes enhancements of assets not related to owners' contributions, representing increases in the value of the organization's assets derived from factors other than the direct financial input of its owners.

Meanwhile, increases in owners' equity related to owners' contributions are not considered income, as they represent the investments made by the shareholders or business owners in the company.

To know more about IFRS refer here:

https://brainly.com/question/30637129#

#SPJ11

Game theory is a concept that is applied in decision making in situations where two or more players are involved. It is concerned with the analysis of the strategic behavior of these players in choosing their actions, and how this affects the outcome of the game.

From my understanding of game theory, the rules of the game play a critical role in shaping the outcome that results.

The rules of the game define the scope of the game, the objectives, and the strategies that can be employed by the players.

The outcome of the game is dependent on how the players interact with each other and make decisions based on the rules of the game.

In a game with well-defined rules, the outcome is likely to be predictable, as the players know what strategies are available and the likely outcomes of each strategy. However, in a game where the rules are ambiguous, the outcome is likely to be less predictable.

In conclusion, the relationship between the rules of the game and the outcome that results is significant. The rules define the parameters of the game and shape the strategies that the players can use.

This, in turn, determines the outcome of the game. Therefore, understanding the rules of the game and how they influence player behavior is essential in analyzing the outcome of a game.

To know more about Game theory here

https://brainly.com/question/30999858

#SPJ11

The depreciation expense that would appear in the December 31, 2021 income statement would be $1,000.

To calculate the depreciation expense using straight-line depreciation, we need to determine the depreciable cost of the vehicle and the useful life of the asset.

The depreciable cost of the vehicle is the purchase price minus the estimated salvage value at the end of its useful life. In this case, the depreciable cost is:

Depreciable cost = Purchase price - Estimated salvage value

Depreciable cost = $26,000 - $6,000

Depreciable cost = $20,000

The useful life of the vehicle is 10 years, so the annual depreciation expense would be:

Depreciation expense = Depreciable cost / Useful life

Depreciation expense = $20,000 / 10

Depreciation expense = $2,000

Since the vehicle was purchased on June 1, 2021, only half a year's depreciation expense will be recorded for 2021. Therefore, the depreciation expense for the December 31, 2021 income statement would be:

Depreciation expense = $2,000 / 2

Depreciation expense = $1,000

To know more about  depreciation here

https://brainly.com/question/1203926

#SPJ4

Fredico has to lead a training for his company he wants to include a visual element to help engage his audience. The best type of application software for the job is presentation software.

Presentation software means a software that is designed to allow users to create a presentation of ideas mostly by stringing together text, images and audio/video. The presentation helps to tells a story or supports speech or the presentation of information.

It is divided into business presentation and general multimedia but most these applications already provide tools that allow users to create both professional-looking business presentations and general multimedia presentations.

Read more about presentation software

brainly.com/question/2289636

#SPJ1

The present value of the perpetuity will be c. $5,000.

The present value of perpetuity can be calculated using the formula PV = C / r, where PV is the present value, C is the constant annual payment, and r is the interest rate. Applying this formula to the given situation, with a constant annual payment of $250 and an interest rate of 5%, we have:

PV = $250 / 0.05 = $5,000

Therefore, the present value of the perpetuity is $5,000.

This means that if someone were to invest $5,000 today at an interest rate of 5%, they would receive a perpetual annual payment of $250, which would never change over time. This is because perpetuity is a financial instrument that pays a fixed sum of money at regular intervals, with no set end date. It is important to note that the present value of a perpetuity is highly dependent on the interest rate used in the calculation. As interest rates rise, the present value of perpetuity decreases, and vice versa.

Learn more about perpetuity at

brainly.com/question/24261067

#SPJ4

Population growth generally has no effect on economic growth is typically slowed by population expansion. A rapidly growing population gradually reduces. The correct answer is a. increases economic growth by stimulating more savings.

The amount of capital available per worker, lowering productivity and reducing returns. Economic growth is the increase or improvement in the market value of the goods and services produced by an economy over the course of a fiscal year.

Statisticians often measure this growth as an increase in the real GDP. Gross domestic product, as a percentage growth is often calculated in real terms, or terms adjusted for inflation, to remove the distorting effect of inflation on the pricing of produced goods. Economic growth is determined through the use of national income accounting. Given that economic growth is measured as the annual percent change in GDP, both the advantages and disadvantages of that strategy are evident.

Complete question:

population growth generally has no effect on economic growth on average. reduces economic growth because more people are a drain on the limited resources. drives economic progress. increases economic growth by stimulating more savings. group of answer choices

a. increases economic growth by stimulating more savings.

b. has no effect on economic growth on average.

c. reduce

To know more about Economic growth visit:

https://brainly.com/question/30010572

#SPJ4

ufc is creating a new $21 billion sports company by merging with which of these

However, as far as I know, there has been no announcement of the UFC merging with any other company to create a new $21 billion sports company. If there was any such announcement made after my knowledge cutoff date, I'm not aware of it.the UFC (Ultimate Fighting Championship) has not merged with any other company to create a new $21 billion sports company. The UFC is a mixed martial arts (MMA) organization that hosts live events and produces content for television and digital platforms. It is owned by Endeavor Group Holdings, a global entertainment, sports, and content company. While the UFC has expanded its operations and partnerships over the years, I am not aware of any recent developments regarding a merger that would create a new $21 billion sports company

Learn more about merging here:

https://brainly.com/question/2648520

#SPJ11

Since Project A has a higher net present value (NPV), it is selected over Project B.

To calculate the net present value (NPV) of each project, we must first discount each cash flow to its present value and then add those present values together. To discount the cash flows, we can utilise the needed rate of return of 12%. The NPV formula is as follows:

NPV = Σ(CFₜ / (1 + r)ᵗ) - Initial investment , where CFₜ is the cash flow in year t, r is the needed rate of return, and the total is calculated over the project's whole life.

For Project A, the NPV is:

NPV(A) = -300,000 + 150,000/(1.12)¹ + 150,000/(1.12)² + 80,000/(1.12)³ + 80,000/(1.12)⁴ + 120,000/(1.12)⁵ + 60,000/(1.12)⁵

NPV(A) = $64,540.68

For Project B, the NPV is:

NPV(B) = -300,000 + 70,000/(1.12)¹ + 70,000/(1.12)² + 120,000/(1.12)³ + 120,000/(1.12)⁴ + 120,000/(1.12)⁵

NPV(B) = $18,731.87

Since NPV(A) > NPV(B), we can conclude that Project A is preferred over Project B as it has a higher net present value.

learn more about NPV here:

https://brainly.com/question/28174656

#SPJ4

To record the purchase of the new factory equipment, Evan Enterprise should debit the equipment account for $110,660 ($99,000 + $8,900 + $2,200 + $560) and credit the cash account for the same amount.

To record the purchase of the new factory equipment, Evan Enterprise should include all costs that are necessary to get the equipment in place and operational. These costs would include the purchase price, sales taxes, delivery, and installation costs. In this case, the total of these costs would be $110,100 ($99,000 + $8,900 + $2,200).

In addition to these costs, Evan Enterprise should also include any interest that was incurred on a note payable used to purchase the equipment. This would be recorded as interest expense, and would increase the total cost of the equipment. In this case, the interest incurred was $560.

Finally, Evan Enterprise should also consider any repairs and maintenance that were incurred on the equipment throughout the first year. These costs would be expensed as they were incurred and would not be included in the equipment account.

Therefore, to record the purchase of the new factory equipment, Evan Enterprise should debit the equipment account for $110,660 ($99,000 + $8,900 + $2,200 + $560) and credit the cash account for the same amount. This will reflect the total cost of the equipment, including all costs necessary to get it operational.

For more such questions on cash account

https://brainly.com/question/30298318

#SPJ11

The type of interview that asks job candidates to provide an example of a time they did something to try to understand how they would act in the new organization when faced with an analogous situation is called a behavioral interview. The main answer to this question is behavioral interviews.

Behavioral interviews are a type of job interview that focuses on the candidate's past behavior and performance in certain situations to predict how they would act in the future. In this type of interview, the interviewer will ask questions that require the candidate to provide specific examples of situations they have faced and how they responded.

The goal of a behavioral interview is to gain insight into the candidate's problem-solving skills, decision-making abilities, and how they handle difficult situations. By asking candidates to provide examples of how they would act in an analogous situation, the interviewer can get a better understanding of how the candidate would approach similar situations in the new organization. This type of questioning helps to assess the candidate's suitability for the job and their fit within the organization.

Learn more about behavioral interviews: https://brainly.com/question/28962317

#SPJ11

The pair that best represents complementary goods is "automobiles and gasoline." Complementary goods are products that are typically consumed together, meaning that the consumption of one good increases the other.

Complementary goods are products that are often used together, and an increase in demand for one product leads to an increase in demand for the other. In this case, automobiles and gasoline are complementary goods because gasoline is needed to power an automobile, and an increase in demand for automobiles would lead to an increase in demand for gasoline. While Gatorade and Powerade, Dr. Pepper and Mr. Pibb, and Skippy Peanut Butter and Jiff Peanut Butter are similar products, they are not necessarily complementary goods.

To learn more about complementary goods visit:

brainly.com/question/14665758

#SPJ11

The main answer to your question is true. In the United States, the largest share of GDP is indeed consumption. This refers to the spending by households on goods and services, which significantly contributes to the country's overall economic growth.

Consumption represents the largest share of GDP in the United States. This means that the total amount of money spent by consumers on goods and services is the biggest contributor to the overall economic output of the country. This is followed by government spending and investment, with net exports being the smallest component. \Consumption is a critical driver of economic growth as it stimulates demand for goods and services, which in turn encourages businesses to invest and expand their operations. Therefore, a healthy level of consumption is essential for a strong and growing economy.

Learn more about economic growth: https://brainly.com/question/13795445

#SPJ11

The child support must continue until the children turn 18 years old or graduate from high school, whichever happens later.

In general, child support payments are meant to provide financial support for the children until they reach adulthood and become independent. In most cases, child support payments continue until the child turns 18 years old or graduates from high school, whichever happens later. This means that if Andrea's two children are 14 and 12 years old, the child support payments must continue for at least four more years until the oldest child reaches 18.

However, if the children do not graduate from high school by the time they turn 18, the child support payments may continue until they do. It's important to note that child support laws and regulations may vary by state, so it's always best to check with a local attorney or family law expert for specific guidance on child support in a particular jurisdiction.

Learn more about  child support: https://brainly.com/question/28417206

#SPJ11

Classical conditioning creates an association between a brand and a response.

Classical conditioning is a type of learning in which a stimulus is associated with a response. In marketing, classical conditioning is often used to create associations between a brand and a particular response, such as a feeling of happiness or excitement.

In the case of Coca-Cola not advertising during the evening news, the marketer is likely trying to avoid the negative information reported on the news creating a negative feeling towards the brand. This is an example of classical conditioning, as the negative news becomes a stimulus that is associated with a negative response, which could then be transferred to the brand if it were advertised during that time.

To know more about brand , click here.

https://brainly.com/question/31542817

#SPJ4

The ad for a multivitamin would most likely be considered persuasive advertising.

Persuasive advertising is a type of advertising that aims to convince potential customers to purchase a product or service by emphasizing its benefits and features. In the case of the multivitamin ad claiming to bring everything you need to get through your day in one vitamin, it falls under persuasive advertising as it tries to persuade consumers to choose their product for a convenient and easy solution to daily nutritional needs. This type of ad often uses emotionally appealing language, testimonials, or comparative statements to influence consumer behavior. By emphasizing the convenience and effectiveness of the multivitamin, the advertiser seeks to generate interest and encourage potential customers to make a purchase.

To know more about persuasive advertising visit:

https://brainly.com/question/31440703

#SPJ11

The value of the cross-price elasticity in this scenario would be small because the opportunity cost of getting information on price is low. This means that consumers do not have to invest a significant amount of time or effort to compare prices across different brands or stores.

The reason for this phenomenon is that items like aspirin, tomato sauce, or gasoline are considered commodity products, meaning that they are relatively similar across different brands or stores. As a result, consumers are less likely to perceive a significant difference in quality or features between different brands and are more likely to choose the product based on convenience or familiarity.

Furthermore, the market for commodity products is highly competitive, with multiple producers offering similar products at similar prices. This creates a situation where price becomes a significant factor in consumer decision-making, with consumers opting for the most convenient or cheapest option available.

In conclusion, the value of the cross-price elasticity in this scenario would be small, as consumers are less sensitive to changes in price due to the low opportunity cost of getting information on price. As a result, commodity products like aspirin, tomato sauce, or gasoline are typically priced the same as each other, regardless of brand or location.

To know more about cross-price elasticity refer here

https://brainly.com/question/21497072#

#SPJ11

In the new product development process, the purpose of idea generation is to create a large number of ideas. The purpose of succeeding stages is to reduce that number. So, option d. is correct.

Idea generation is the initial phase of the new product development process where a large number of ideas are generated. It involves brainstorming, mind mapping, and other creative techniques to come up with as many ideas as possible. The purpose of this stage is to generate a diverse range of ideas that could potentially lead to a successful product.

After generating a large number of ideas, the next stage of the new product development process is to evaluate and screen those ideas. This stage involves analyzing the ideas based on various criteria such as feasibility, profitability, and market potential. The purpose of this stage is to eliminate the ideas that are not feasible or profitable and select the most promising ones for further development.

The next stages of the new product development process involve developing, testing, and launching the selected idea. The purpose of these stages is to refine the idea, create a prototype, and test it in the market to ensure its success.

Therefore, in summary, the purpose of idea generation is to create a large number of ideas, and the purpose of succeeding stages is to reduce that number by selecting the most promising ones for further development.

So, option d. is correct.

Learn more about process:

https://brainly.com/question/1249089

#SPJ11

If the warranty period were reduced to two years, the company could save $1,875,000 per year in replacement costs.

To calculate the annual savings in replacement costs if the warranty period were reduced to two years, we need to consider the number of refrigerators that fail within the warranty period.Assuming the warranty period is currently three years, and each refrigerator has an equal probability of failing within the warranty period, we can estimate that 1/3 of the 15,000 refrigerators sold per year would require replacement.

Therefore, the annual replacement cost for refrigerators under warranty would be:
(1/3) * 15,000 * $750 = $3,750,000
If the warranty period were reduced to two years, the number of refrigerators requiring replacement under warranty would increase. Assuming the same failure rate, we can estimate that 1/2 of the 15,000 refrigerators sold per year would require replacement under warranty.Therefore, the annual replacement cost for refrigerators under warranty with a two-year warranty period would be:
(1/2) * 15,000 * $750 = $5,625,000
The difference between the two replacement costs is the annual savings in replacement costs:
$5,625,000 - $3,750,000 = $1,875,000
Therefore, if the warranty period were reduced to two years, the company could save $1,875,000 per year in replacement costs.

For more such questions on warranty visit:

https://brainly.com/question/14227081

#SPJ11

If at a given real interest rate desired national saving is $140 billion, domestic investment is $90 billion, and net capital outflow is $60 billion, then at that real interest rate in the loanable funds market there is  surplus. the real interest rate will fall. option (d)

The loanable funds market is the market where savers supply funds for borrowers to invest. In this scenario, the desired national saving is $140 billion, which is greater than the domestic investment of $90 billion.

This implies a surplus of loanable funds in the market, which is equal to the net capital outflow of $60 billion. The surplus of loanable funds puts downward pressure on the real interest rate because lenders will compete to lend their excess funds to borrowers.

Learn more about real interest rate

https://brainly.com/question/13324776

#SPJ4

Full Question: If at a given real interest rate desired national saving is $140 billion, domestic investment is $90 billion, and net capital outflow is $60 billion, then at that real interest rate in the loanable funds market there is an

a. shortage. the real interest rate will fall.

b. shortage. the real interest rate will rise.

c. surplus. the real interest rate will rise.

d. surplus. the real interest rate will fall.

The term that refers to interactions among team members, including communication, expression of feelings, and conflict resolution, is "group dynamics."

Group dynamics play a crucial role in the overall effectiveness and success of a team.

Effective communication allows team members to share ideas and collaborate on tasks, while expressing feelings can help build trust and support within the group.

Addressing and resolving conflicts is also essential to maintain a positive and productive work environment. Understanding and managing group dynamics can lead to stronger relationships, improved decision-making, and increased overall team performance.

Learn more about group dynamics at

https://brainly.com/question/30772144

#SPJ11

The equation that can be used to determine when boat b would be half the value of boat a is $24,000 x [tex]0.85^{m}[/tex] = 0.5($22,000 x [tex]0.90^{m}[/tex]) (option c).

The equations that would be used to represent the value of the boats at the end of t months would be an exponential equation.

The general form of an exponential equation is : [tex]y = e^{x}[/tex]

Where:

• x = the variable

• e = constant

The form of the exponential equation that would be represent the value of the boats is:

Value in t months = initial value x (1 - rate of decline/100)^number of months

Value of boat A = $24,000 x [tex](1 - \frac{15}{100})^{m}[/tex]

= $24,000 x [tex]0.85^{m}[/tex]

Value of boat B = $22,000 x [tex](1 - \frac{10}{100}) ^{m}[/tex]

= $22,000 x [tex]0.90^{m}[/tex]

When boat B is half the value of boat A, the equation becomes:

$24,000 x [tex]0.85^{m}[/tex] = 0.5($22,000 x [tex]0.90^{m}[/tex])

Please attached the complete question. To learn more about exponential functions, please check: https://brainly.com/question/26331578

#SPJ1