Increase in credit score and not having late fees
Answer: D. To determine appropriate course placement for students wishing to enroll in college
Answer:
If the question is (2/3x) = -10,
x = -(1/15) = - 0.06667
The check is presented under the explanation below
If the correct question is (2/3)x = -10,
x = -15
The check is presented under the explanation below
Explanation:
If the question is rightly written as it is in the attached document,
(2/3x) = -10
We can cross multiply and obtain
2 = -10 × 3x
-30x = 2
x = -(2/30) = -(1/15) = - 0.06667
To check
(2/3x) = -10,
(2 ÷ 3x) = -10
2 ÷ 3(-1/15) = 2 ÷ (-1/5) = 2 ÷ (-0.2) = -10 (Correct!)
If the correct question is
(2/3)x = -10
Divide both sides by (2/3)
x = -10 ÷ (2/3)
x = -10 × (3/2)
x = -15
To check
(2/3)x = -10
If x = -15
(2/3) × (-15) = -10 (Correct!)
Hope this Helps!!!
Answer: 1.9%
Explanation:
First derive the Market return as this is needed in the Capital Asset Pricing Model by using the same model:
Required return = Risk free rate + Beta * ( market return - Risk free rate)
Using stock Y:
12.4% = Risk free rate + 1 * (market return - Risk free rate)
12.4% = Rf + market return - Rf
Market return = 12.4%
Use this to calculate the Risk free rate:
Stock Z:
8.2% = Rf + 0.6 * (12.4% - Rf)
8.2% = Rf + 7.44% - 0.6Rf
Rf - 0.6Rf = 8.2% - 7.44%
0.4Rf = 0.76%
Rf = 0.76% / 0.4
= 1.9%
