Al and Erika went shopping for snacks. They bought bags of pretzels, p, and cans of almonds, a. Al bought 4 bags of pretzels and 2 cans of almonds for $19.30. Erika bought 5 bags of pretzels and 3 cans of almonds for $26.60. Their purchases can be modeled by the system of equations 4p+2a=19.30
5p+3a=26.60

Solve the system of equations for p and a. Show your work.

Explain what each numerical solution represents.

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step-by-step explanatio89

answer4 to the second power is 16

and 4 to the third power is 64,

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%