The daily cost of hiring a plumber, y, to work x hours on a repair project can be modeled using a linear function. The plumber works a maximum of 8 hours per day. For one day a work, what is the range of the function for this situation?

what is the question? i am guessing you are looking for the area.

to find an area, you have to do length x width.

in this case, it would be 12 ft x 4 ft = 48 sq. ft

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%