Askier is trying to decide whether or not to buy a season ski pass. a daily pass costs $61. a season ski pass costs $400. the skier would have to rent skis with either pass for $25 per day. how many days would the skier have to go skiing in order to make the season pass less expensive than the daily passes?

Step-by-step explanation:One of the things you can use for that is RAP so here's how this goes:

R:A skier is trying to decide whether or not to buy a season ski pass. A daily pass costs $61. A season ski pass costs $400. The skier would have to rent skis with either pass for $25 per day. How many days would the skier have to go skiing in order to make the season pass less expensive than the daily passes?

A:what do we want to know?(Understand the problem)

How many days would the skier have to go skiing in order to make the season pass less expensive than the daily passes

What do we already know?

A daily pass costs $61,A season ski pass costs $400,The skier would have to rent skis with either pass for $25 per day.

what is the plan??

Carry out the plan.Show work for your solution

Hopefully I helped a little

                                       blessings,lilabear

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%