Kiara just bought a used car for $4,500. She plans to make payments of $250 each month. How many months until Kiara only has $1000 left to
pay?

4 paysmenets

Step-by-step explanation:

4500/250=18 paymentent

250x4= 1,000

14 months

Step-by-step explanation: subtract 4,500-1,000= 3,500 now you multiply 250x14 and your answer is 3,500

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%