on the day their child was born, her parents deposited $30,000 in a savings account that earns 9% interest annually. How much is in the account the day the child turns 16 years old?

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%

-5, your answer was correct

he has 4 left

step-by-step explanation:

guy gives 1 to his friend mr. guy, so that is 5 subtracted by 1, which leaves him with 4 left, hope this !