Think About the Process You deposit $7,500 into a bank account with a simple interest rate of 6%. How can you find the account balance after 3 years? Then find the account balance after 3 years
How do you find your account balance after 3 years?
O A First use I = prt to find the simple interest earned after 3 years. Then add that to the time
OB. First use l = prt to find the simple interest earned after 3 years. Then add that to the rate.
OC. First use l = prt to find the simple interest earned after 3 years. Then subtract that from the principal
OD. First use l = prt to find the simple interest earned after 3 years. Then add that to the principal

i think is 3 and 6. this took me 10 min to think.hope to and hope that my answer is brainliest.(follow me )

i think it is 18

step-by-step explanation:

answer: '

the distance between points l and m

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%