In 2000 michigan had a population of 9,938,444. the number of people living in michigan decreased by 0.6% in 2010. what was michigan’s approximate population in 2010?

9,878,813

Step-by-step explanation:

First, make 0.6% into a decimal

0.6 / 100 = 0.006  

Then, multiply the number of people living in Michigan in 2000 by the number of people decreased (the percentage decrease) in 2010

9,938,444 x 0.006 = 59630.664

Last, subtract the percentage decrease by the original population in 2000

9,938,444 – 59630.664 = 9,878,813

In 2010 the approximate population in Michigan was about 9,878,813 (to the nearest whole person)

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%