Ron estimates that it will cost $400,000 to send his daughter to a private college in
18 years. he currently has $90,000 to deposit in an account. what simple interest
rate must his account have to reach a balance of $400,000 in 18 years? round to
the nearest percent.

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%

he kicked it up? is this the answer ?

step-by-step explanation:

“ a line segment that has the endpoints on the circle and passes through the midpoint is called the diameter. the diameter is twice the size of the radius. a line segment that has its endpoints on the circular border but does not pass through the midpoint is called a chord. a circle is the same as 360 small circle up the number 0 . i hope this .