Each year on the same day, Hasan deposits $150 in a savings account that earns simple interest at an annual rate of 3%. He makes no other deposits or withdrawals. How much interest does his account earn after one year? After two years? After five years?

3: 2

step-by-step explanation:

shorter piece is 2: 3, so just reverse it, and you get 3: 2

a

step-by-step explanation:

u take $30 minus $24. the answer/original($30)

what i would say the best answer is a. 40.5

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%