The total cost to pay for parking at a state park for the day and rent a paddleboat are shown. Number
of Hours Cost ($)
1 $20
2 $34
3 $48
4 $62

Part 1 out of 2
Find the cost to park for a day and the hourly rate to rent a paddleboat.

The cost to park for a day is $
, and the hourly rate to rent a paddleboat is $
.

The total cost to pay for parking at a state park for the day and rent a paddleboat are:

1 hour $17, 2 hours $29, 3 hours $41, 4 hours $53.

A: find the cost to park for a day and the hourly rate to rent a paddleboat.

B: What will Lin pay if she rents a paddleboat for 3.5 hours and splits the total cost with a friend?

Step-by-step explanation:

c 1 hour

step-by-step explanation:

m = 2e

m = 2 so 2 = 2e

1 = e

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%