An airplane at 30,100 feet above the ground begins descending at a rate of 2,150 feet per minute. Write a linear equation that describes this scenario. Use the variable x and y. Write your equation in slope-intercept form. After how many minutes will the plane reach the ground? Use the correct units for your answer.

Thank you!

400 mins.

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%