The right answer for the question that is being asked and shown above is that: "d) All answers are correct." The situation that could have tipped Elise of is that of requiring a free course on money management; charging large monthly fees for the service;<span> asking her to cancel most of her credit cards</span>
The answer is b-savings back
Answer:
The required rate of return is 11.3%
Explanation:
Required rate of return(ke) = 
x (1+g) / 
+ g
= 1 x (1 + 0.06) / 20 + 0.06
= 1 x 0.053 / 20 + 0.06
= 0.113
= 11.3%
