Compare investing $3000 at 11% compounded monthly for 15 years with investing $3000 at 12% compounded monthly for 15 years. The final amount after investing at 11% is $

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%

step-by-step explanation:

vince wrote the sequence below.

1/3, 1, 5/3, 7/

which of the following explains whether the sequence is geometric?

the sequence is geometric because 2/3 was added to each term to get the next term.

the sequence is geometric because 3 was multiplied to each term to get the next term.

the sequence is not geometric because 2/3 was added to each term to get the next term.

the sequence is not geometric because 3 was multiplied to each term to get the next term.

step-by-step explanation: