Jasmine is a real estate agent. she earns a base salary of $1,500 per month plus a commission of 2.75% of her sales. last month her sales totaled $540,000. what were her total earnings last month?

$ 16350

Step-by-step explanation:

base salary of 1500 per month plus a 2.75% commission

total earnings last month are :

1500 + 0.0275(540,000) =

1500 + 14850 =

$ 16,350 < hmm..I would love to make that in 1 month

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%