Steve gets 4 points for every correct answer and loses 1 point for every wrong answer. If he answered 30 questions and scored 20 points, write a system of equations.

Given:

Steve gets 4 points for every correct answer and loses 1 point for every wrong answer.

Total question answered by Steve =  30

Total score = 20 points

To find:

The system of equations for the given problem.

Solution:

Let x be the number of correct answers and y be the number of wrong answers.

Total question answered by Steve =  30

      ...(i)

Steve gets 4 points for every correct answer and loses 1 point for every wrong answer.

Score for 1 correct answer = 4

Score for x correct answer = 4x

Score for 1 wrong answer = -1

Score for y correct answer = -y

Total score = 20 points

       ...(ii)

The system of equations contains (i) and (ii).

Therefore, the system of equations have two equations and .

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%