Sam’s school is selling candles and baskets for a fundraiser. On the first day of sales she sold 11 candles and 3 baskets for a total of $82. She raised $114 on the second day by selling 12 candles and 6 baskets. What is the price for one candle and one basket?

Okay, so its kinda funny that you ask this question because its on our performance final that's due tomorrow but use elimination.

Step-by-step explanation:

-12 > a

step-by-step explanation:

-11 > 1 + a

subtract 1 from each side

-11-1 > 1-1+a

-12 > a

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%