32. Alexa invested $54,000 in an account paying an interest rate of 4% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take,
to the nearest year, for the value of the account to reach $106,200?

use substitution to solve each system of equations. y = x + 5 3x + y = 25 62/87,21 y = x + 5 3x + y = 25 substitute x + 5 for y in the second equation. substitute the solution for x into either equation to find y. the solution is (5, 10)

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step-by-step explanation:

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%

25.3

step-by-step explanation:

1st step

add 3+6

=9

multipy 9*3

=37