A college student realized that he was spending too much money on music. For the remaining 5 months of the year his goal is to spend a mean of $60 a month towards music. How much can he spend in December, taking into consideration that in the other 4 months he spent $10, $65, $40, and $130, respectively? Round your answer to two decimal places, if necessary.

step-by-step explanation:

options

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%

the degrees would remain the same ( the number to the left of the decimal point.

the multiply the decimal by 60 to get the minutes and use the numbers to the left of the decimal point.

then multiply the decimal portion of that by 60 for the seconds and round off as needed.

39 .956652

the 39 remains the degrees.

the minutes = 0.956652 x 60 = 57.39912

the minutes = 57

the seconds = 0.39912 x 60 = 23.95 = 24 ( rounded to nearest tenth)

so 39.956652 = 39 degrees, 57 minutes and 24 seconds

-75.159809

the -75 remains the degrees

the minutes = 0.159809 x 60 = 9.58854

the minutes = 9

the seconds = 0.58854 x 60 = 35.31, rounded to nearest tenth = 35.3 seconds

so -75.159809 = -75 degrees, 9 minutes and 35.3 seconds.

the first coordinate is north or south, since it it positive it is north.

the second number is east or west, because it is negative it is west.

39 degrees, 57 minutes and 24 seconds n

-75 degrees, 9 minutes and 35.3 seconds w