Ben's car depreciates in value by 15 percent per year. Ben bought his car for 22000 dollars. Work out how much his car will be worth after years.

its electric no smoke

step-by-step explanation:

answer: my brother can figure it out, imma go get him so i can answer : ) edit: my brother is sleeping, sorry man

step-by-step explanation:

step-by-step explanation:

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%