Eight less than seven times a number is the same as for l four more than three times a number. find the number.

Question :- Eight less then seven times a number is the same as for l four more than three times a number. Find the number.

Answer :-

Let the number be x

Therefore,

Hope it helps!

70

step-by-step explanation:

2*5=10

4*15=60

60+10=

70

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%