An organization has N employees where N is a large number. Each employee has one of three possible job classifications and changes classifications (independently) according to a Markov chain with transition probabilities. p=⎡⎢⎣0.70.20.10.20.60.20.10.40.5⎤⎥⎦ What percentage of employees are in each classifications?

Desmond wants to sell his car that he paid $8,000 for 2 years ago. the car depreciated, or decreased in value, at a constant rate each month over a 2-year period. if x represents the monthly depreciation amount, which expression shows how much desmond can sell his car for today? \ 8,000 + 24x 8,000 - 24x 8,000 + 2x 8,000 - 2x