7) Sarawong spent half of his weekly allowance on candy. To earn more money his parents let him wash the dog for $6.10. What is his weekly allowance if he ended with $11.40?

$10.60

Step-by-step explanation:

Sarawong ends with $11.40, and we need to find his weekly allowance by working backward. First, we learn that he earned $6.10 of that total amount of money by washing the dog, so we can subtract the two values:

11.4 - 6.1 = 5.3

So, before washing the dog, Sarawong had $5.30. But he only received this after spending half of his weekly allowance, so $5.30 must be half of his weekly allowance. If we multiply $5.30 by 2, we should be able to find his weekly allownce.

5.3 × 2 = 10.6

Now, we can check our work. First, he spends half of his weekly allowance on candy. Half of 10.6 is 5.3, so he now has $5.30. Then, he earns $6.10 more by washing the dog. 5.3 + 6.1 = 11.4, which is the ending value. So, our work was correct! Hopefully that's helpful. :)

b) 1/3 * 1/5

step-by-step explanation:

each smallest part is 1/15 since the written one is 1/5 and it's divided by 3 equal parts. (1/5 )/3 = 1/15 = 1/3 * 1/5

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%