Nat’s grocery bill was $150, which includes a 5% club discount. what was nats bill before the discounts

The amount Nat's paid at the club before the discount is $157.90

Given:

Total bill including discount = $150

Discount = $5

Amount before discount = x

Total bill including discount = Amount before discount - (Discount × Amount before discount)

150 = x - (5% × x)

150 = x - (0.05 × x)

150 = x - 0.05x

150 = 0.95x

divide both sides by 0.95

x = 150 / 0.95

x = 157.89473684210

Approximately,

x = $157.90

Therefore, amount Nat's paid at the club before the discount is $157.90

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$157.89

Step-by-step explanation:

The original price is x

you took away 5%, making the new price 95% of x, or .95x

Put it in an equation

.95x = 150

x = 150/.95

x = 30/.19

x = 3000/19

x=157 17/19

x is about $157.89

there is no grid

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%