paul signs up for a new cell phone plan. He is offered a discount for the first five months. After this period his rate increases by 8.50 per month. his total cost at the end of the year is 245.50. Paul wrote the following equation to represent his plan. 5x+7(x+8.50)=245.50. How much in total did Paul pay during the five discounted months of his plan?

1,8,15,22,29,36,43,50

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%

3

step-by-step explanation: