Tom has $25 saved and saves $3 a week Jim has 100$ saved and spends $12 a week . When will they have the same amount in their bank accounts

tom= 25 + 3x

jim = 100 - 12 x

100 -12x = 25 + 3x

75 = 15x

x = 5

after 5 weeks they will have the same amount in their bank accounts

144.50

step-by-step explanation:

21.5 x 13.4=288.10 divide by 2

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%