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Mathematics, 03.03.2020 04:02 johnnyhalusewa

A nonprofit organization collects contributions from members of a community. During any year, 30% of those who make contributions will not contribute the next year. On the other hand, 10% of those who do not make contributions will contribute the next year. Find the steady state matrix for this situation.

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A nonprofit organization collects contributions from members of a community. During any year, 30% of...

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