Conner's car is worth $24,578. Each year the car's value decreases by $1,345. Create an equation to
describe how much money the car will be worth after a set amount of years. Write the equation for this
problem in function notation. Then interpret how much money his car will be worth after 4 years. Make
sure to define your variables and show all of your work.

what are the statments

step-by-step explanation:

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%

[2, 2.5)

(2.5, 3]

step-by-step explanation:

i think its these two not sure [2, 2.5)

(2.5, 3]