Jacob borrowed $30,000 to start up his consulting business. The loan had simple interest rate of 6.2% for 3 years. Use the formula
I prt 
to find the amount of interest he will pay with the loan. I = interest; p
= principal; r = rate (expressed as a decimal 0.062);
t = time in years.

i would be happy to . most people on would also love to i'm sure. if you just want someone who has done algebra before and want a little more personal relationship than just begging strangers for , i can certainly be of service. i do have college myself so i might not be 24/7.

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 is 8 r5

step-by-step explanation:

i don't know i don't know