Alan rented a truck for one day. There was a base fee of $19.95, and there was an additional charge of 94 cents for each mile driven, Alan had to pay $228.63 when he returned the truck. For how many miles did he drive the truck?
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$
2

answer: 2 and 1

step-by-step explanation: got this question

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%

57.09 minus 7.0435 equals

step-by-step explanation:

just subtrach them both and u get the answer of 50.0465

there still no table