Answer:
$7.20
Step-by-step explanation:
20% is the same as 0.2 or 2/10, which simplifies to 1/5.
1/5*36=36/5=7.20
Or you could straight up to 20%*36=7.20
Given Situation:Joe is a car salesman. He earns 300 for every car he sells plus a 3 percent commission. Joe sells 3 cars in one week for a total of 35,243.Questin: what are his total earnings for the week.First let's solve for the number of cars.=> 1 car = 300 dollars=> 3 cars = 3 * 300 = 900 dollarsNow, let's solve for the percentage of his commision:=> 35 243 dollars = total amount he received for the 3 cars he sold.=> 35 243 dollars * 0.03 = 1 057.29 dollars is the commision.Now, let's add=> 900 + 1 057.29 = 1 957.29 dollars<span>
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Working attached below:
Hope this helps! Any questions let me know :)
Answer:
I think the answer is {10,20,30} but please check it
Answer:
(a) 41300 (b) 8.10 % (c) 3.41% (at real rates)
Step-by-step explanation:
Solution
Given:
(a) The Weights of assets in Rachel's portfolio: = amount in each stock/ sum of amounts invested in all stocks
Share Amount Weights
A 13500 0.33
B 7600 0.18
C 14700 0.36
D 5500 0.13
THE TOTAL: 41300
(b) The Geometric average return of a portfolio = ((1+R1)*(1+R2)*(1+R3)....*(1+Rn))^(1/n) - 1
Now,
R1= return of period 1 Rn= return in nth period
Thus,
The Geometric average return of Rachel's portfolio=
((1+9.7%)*(1+12.4%)*(1-5.5%)*(1+17.2%))^(1/4) - 1
= 8.10 % (approx) per year.
(c) Using nominal rate of return (including inflation):
The CAPM: Required return= Risk free return + (Risk premium * Beta)
13.6 = Rf + (4.8*1.5)
So,
Rf= 6.4% (not inflation adjusted)
The inflation adjusted rate of return: ((1+return)/(1+inflation rate))-1
= ((1+13.6%)/(1+2.7%))-1 = 10.61%
Using CAPM: 10.61= Rf + (4.8*1.5)
Therefore, Rf= 3.41% (at real rates)
