(50 points and brainliest for best)
determine the sales tax rate in each state. show your
work.

RI - 79%

Ohio - 75.5%

Colorado 2.86%

plz me :) !

Step-by-step explanation:

Colorado:

Subtract the total price from the list price to find the amount of tax, divide the amount of tax by list rice:

3.60 - 3.50 = 0.10

0.10 / 3.50 = 0.29

9.00 - 8.75 = 0.25

0.25/8.75 = 0.29

11.31 - 10.99 = 0.32

0.32/10.99 = 0.29

Tax rate = 0.29 * 100 = 2.9%

Ohio:

The tax rate would be added to one and multiplied by the sale price for the total price ( sale price plus tax.

In the equation given the sale price is multiplied by 1.055, subtracting 1 yoy get 0.55, multiply by 100: 0.55 * 100 = 5.5% sales tax.

Rhode Island:

x is list price y is total price. Use the same steps as Colorado:

10.70 - 10 = 0.70

0.70 / 10 = 0.07

64.20 - 60 = 4.20

4.20 / 60 = 0.07

0.07 * 100 = 7%

answer: a.

step-by-step explanation: the answer is a. because, you need to converge the fractions to find a solution.

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%