Mr. Grizzard spent $640 to stay in a hotel for four nights. Each night he spent x dollars on the hotel room as well as a $15 parking fee per day. The equation below represents the total amount, in dollars, that Mr. Grizzard spent on his hotel. 4(x + 15) = 640

How much money did the hotel room cost for one night, excluding the parking fee?

A.
$145.00

B.
$156.25

C.
$163.75

D.
$175.00

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%

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step-by-step explanation:

answer: c

substitute in the values.

for a:

f(0) = 0 + 9

f(0) = 9

a is a solution.

for b:

f(7) = 14 + 9

f(7) = 23

b is a solution.

for c:

f (3) = 6 + 9

f(3) = 15

c is not a solution. it's supposed to be 14.

for d:

f(2) = 4 + 9

f(2)= 13

d is a solution.