A person invests 10000 dollars in a bank. The bank pays 4.5% interest compounded daily. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 17600 dollars?

the fist one is not equalvalent but i think th second one isand the third isnt definetly or the last one is i think. hope this !

step-by-step explanation:

well what you have to do is divide 84 by 6 so theanswer

step-by-step explanation:

84 divided by 6 = 14

and that lightbulb changing party must be freaking lit!

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%