The equation y = 3x + 16 can be used to find the salary, y for a person with x years experience. how many years experience would you need if you wanted to make $106,000

3 1/3 x 2 3/5 = 8 2/3

step-by-step explanation:

just multiply the first number by the second number to get your answer.

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%