Online jewelry sales have increased steadily. in 2003, sales were approximately 2 billion dollars, and in 2013 they were approximately 5.5 1 billion. construct a model to predict online jewelery sales. use your model, to find the predicted online jewelry sales for 2015? (express your answer rounded correctly to the nearest tenth of a billion.)

1)

2) 6.4 billion.

Step-by-step explanation:

1) Let the model that is used to find online jewelry sales ( in billions ) after x years,

Let 2003 is the initial year,

That is, for 2003, x = 0,

The sales on 2003 is 2 billion, y = 2,

⇒

Now, in 2013 they were approximately 5.5 1 billion

i.e. if x = 13 then y = 5.51,

With help of graphing calculator,

r = 0.081,

Hence, the model that represents the given scenario is,

2) For 2015, x = 15,

Hence, online jewelry sales for 2015 would be,

the camry sales+accord sale=828,000. to make it so the two numbers are 18 thousand apart and still equal 828,000, you first need to find out what half of 828,000 is. 828,000/2=414,000. for the two numbers to equal 828,000, you have to add the same amount as you subtract from the middle. in this case, the number is 9,000 because it's half of 18,000. to equal 828,000, you have to add 9,000 to 414,000 for the camry and subtract 9,000 from 414,000 for the accord. 414,000+9,000=423,000.

414,000-9,000=405,000.

423,000+405,000=828,000.

423,000-405,000=18,

hope it

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%