Danni began the month with $25, but she spent $1.50 a day on a Chick-fil-a lemonade. Chloe began the month
with $5.75 but she saved $1.25 a day from doing her
chores. On which day, x, did they have the same
amount of money?

the answer is 5/3x+7/5y+7

e

step-by-step explanation:

an equation by definition has to have two or more variables (x and 2 in this case)

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%