Bob opened a new furniture store, and his daily sales are modeled by f(x) = 1000(1.15)x. determine the rate of growth.
1000%
115%
15%
85%

15%

Step-by-step explanation:

We know that the exponential growth equation is given by :-

, where A is the initial amount , r is the rate of growth and t is the time period.   (1)

Given : Bob opened a new furniture store, and his daily sales are modeled by   (2)

Comparing (1) and (2), we get

Subtract 1 from both sides , we get

In percent ,

Hence, the rate of growth. = 15%

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%

answer: 270

step-by-step explanation:

you have to times 200 by 1.35 to get your answer