Ayoga studio charges a $150 yearly fee for membership plus $12 for each class. what is the average total cost per class if a studio member takes 100 classes per year? do not include the dollar sign ($) in your answer.

Step-by-step explanation:

A yoga studio charges a $150 yearly fee for membership plus $12 for each class.

Yearly charge = 150  $

Charge per class = 12 $

A studio member takes 100 classes per year

Number of class attended by studio member = 100

We need to find average total cost per class for this member for a year.

Total charge = Yearly charge + Number of class attended x Charge per class

Total charge = 150 + 100 x 12

Total charge = 150 + 1200

Total charge = 1350 $

Average total cost per class = 13.5 $

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%