You manage a warehouse and need to replace a forklift. A local retailer sells the model you want for $1,299 plus a 6% sales tax. A store located just over the state line sells the same model for $1,359 plus a 4% sales tax. What is the final cost of the less expensive option?

$1,350.96
$1,376.94
$1,413.36
$1,902.60
$2,078.40

(-1,-0.5)

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%

c.

step-by-step explanation:

substitution for (0,1)

y=x^2+4x+1

1=0^2+4(x)0+1

1=0+4(x)0+1

1=4(x)0+1

1=0+1

1=1

substitution for (-3,-2)

y=x+1

-2=-3+1

-2=-2