Mark earns $300 per month plus an additional 2% on all of his sales. Last month he sold $59,000. What was Mark's income for the month

59,000 times 0.02= $1,180 commission plus $300 = $1480

In order to get your answer you have to change the percent into a decimal and it’s commission so you have to add.

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%

i don't see any steps below, sweetheart