Apr 13, 3:17:01 PM Lauren is going to invest $740 and leave it in an account for 9 years. Assuming the
interest is compounded monthly, what interest rate, to the nearest tenth of a percent,
would be required in order for Lauren to end up with $920?
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it will cost dollar $540

the living room is 3 which means if we divide 325/3 then we get $108

therefore if 1part of the living room cost $108 and 3 costed $325

then total 5part of the room will cost 5*108 which gives $540

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%

48 / 6 = x

in this case, x will equal the amount of money in each card!

x therefore will be 8.

trent had $8 in each birthday card.