Lian is deciding which of two gyms to join. each gym charges a monthly rate plus a one-time membership fee. lian correctly wrote and solved a system of linear equations by substitution to compare the costs of the memberships. in her work, she substituted an expression for one variable and solved for the other. this resulted in the equation 75 = 75. what can lian conclude?
a. one gym charges $75 per month.
b. each gym charges $75 per month.
c. both gyms charge the same monthly rate and the same membership fee.
d. both gyms charge the same monthly rate, but not the same membership fee.

n=9

step-by-step explanation:

7 times a number = 7n

decreased by 13 = 7n-13

same as is =

5 times the number = 5n

increased by 5 = 5n+5

7n-13 = 5n+5

2n=18

n=9

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%