Tom makes a 8% commission on the sale of all the cars that he sells. He sells $140,000 worth of cars this month. What is the commission for the month?

$11,200

Step-by-step explanation:

Just multiply the percent times the total

8% * 140000 = .08 * 140000 = 11200

answer: can you me with homework?

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%