Charlie and andie solve this problem in two different ways: a family of 6 spent $74 at the movie theater. they bought $26 worth of snacks and a ticket for each family member. what is the price of each ticket if all tickets are the same price? use the drop-down menus to complete the sentences below.

The price of each ticket is $8.

Step-by-step explanation:

Let us assume that the price of each ticket be x.

As given

A family of 6 spent $74 at the movie theater.

They bought $26 worth of snacks and a ticket for each family member.

Than the equation becomes

6x + 26 = 74

6x = 74 - 26

6x = 48

x = $8

Therefore the cost of the ticket is $8 .

what is

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%