Molly wants to buy a dress that costs $20. She has a coupon for 40% off, and there is a 10% sales tax. How much will she pay altogether? 1. What is the 40% of $20? Show your work.

2. After using the coupon, what is the sale price of the dress?

3. How much is the 10% tax on the sale price? Explain how you found your answer.

4. After tax is added to the sale price, how much does Molly pay for the dress?

1. 40 percent of 20 = 8 meaning she has to pay 8 dollars

2. The Sales Price is 8

3. 0.8 sales tax

4. eight dollars and 8 cents

correct me if im wrong

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%