Kane is saving money. he starts with $14. the next day he has $21 and the third day he has $28. assuming this pattern continues, what is the equation for the nth term of the arithmetic sequence? an = a1 + d(n-1)

a=14, d=7

so nth term is 7+7n

ddd

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%