If money is invested for a short period of time, simple interest is paid using the following formula. I = Prt

P represents the money invested, or principal amount, r is the simple interest rate, and t represents the time, in years, the money is invested.

Given P = $2,000, r = 3%, and I = $180, how long was the money invested?
A.
4 years
B.
0.03 years
C.
2 years
D.
3 years

it is a. 4.2 because 7.6-3.4 gets the remaining length of 4.2. i might be wrong but i am pretty sure this is the answer.

(0.2)+(-8)=0.3+-3+0.3m is the equation i guess? ?

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%