It all dependes on the money you make and how big the payments are. as you can say you waited tell the day you where going to retire but you but 10,000 dollars in your saving every hour by the end of the day youd have 240,000 dollars in your retirement account.
Answer - A (7 years)
WORKINGS
To calculate how long it would take for the new refrigerator to pay for
itself in lower utility costs, the cost of new refrigerator will be divided by lower utility cost per
year
Cost of new refrigerator = $598
TO CALCULATE LOWER UTILITY COST PER YEAR
At a cost of only 12 cents per day
Annual cost will be 12 X 365 = 4380 Cents ($43.8)
Cost saved annually = Cost of old refrigerator – Cost of new
refrigerator.
Lower utility cost per year = $132 – $43.8
Lower utility cost per year = $88.2
How long would it take for the new refrigerator to pay for
itself in lower utility costs?
$598 ÷ $88.2
= 6.78 years
Approximately 7 years
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Answer:
Explanation:
fears of reverse discrimination
Answer: 10.35%
Explanation:
The Capital Asset Pricing Model is used to calculate the expected return of a security with the expression
Expected return = Risk free rate + Beta ( Market return - risk free rate)
( Market return - risk free rate) is also known as the market premium and can be calculated by;
= 
= 
= 0.0153/0.24
= 6.375%
= 6.38%
Expected return A = Risk free rate + Beta A ( Market return - risk free rate)
0.1137 = Risk free rate + 1.16 (6.38%)
Risk free rate = 0.1137 - 1.16(6.38%)
Risk free rate = 3.97%
Market Expected return = Market Risk Premium + risk free rate
= 6.38% + 3.97%
= 10.35%
