Markov Chain - Steady State - Word problem A financial company has assets in countries A, B and C. Each year of the money invested in country A stays in country A, of the money invested in country A goes to country B and the remainder (if any) moves to country C each. For country B and C, of the money stays in each country and the remainder is invested in country A. What is the transition matrix for this dynamical system

Jaynet spends $30,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $85,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 40 paintings per year at a price of $4,000 each:

In its first year of operations, crane company recognized $31,700 in service revenue, $7,700 of which was on account and still outstanding at year-end. the remaining $24,000 was received in cash from customers. the company incurred operating expenses of $16,600. of these expenses, $12,690 were paid in cash; $3,910 was still owed on account at year-end. in addition, crane prepaid $3,260 for insurance coverage that would not be used until the second year of operations.

Emil motycka is considered an entrepreneur because