In the situation, simple interest is calculated yearly.

how much interest was earned?

drag and drop the answer into the box.

principal: $5500; time: 8 years; interest rate: 2.5%; interest: ?

answer choices:
a. $137.50

b. $1,100

c. 5,500

d. 6,600

e. 44,000

$1,100 will be the interest.

Explanation: Since, we know that, Simple interest on annually rate for an initial amount P is,

Where,

r= rate of interest and t= number of years.

Here, P= $5,500 r= 2.5% and t=8 years.

Thus, simple interest =

So, Simple interest is $1100.

Therefore, option B is correct.

the most boring thing ever written

step-by-step explanation:

i am writing something. yes, i plan to make it the most boring thing ever written. i go to the store. a car is parked. many cars are parked or moving. some are blue. some are tan. they have windows. in the store, there are items for sale. these include such things as soap, detergent, magazines, and lettuce. you can enhance your life with these products. soap can be used for bathing, be it in a bathtub or in a shower. apply the soap to your body and rinse. detergent is used to wash clothes. place your dirty clothes into a washing machine and add some detergent as directed on the box. select the appropriate settings on your washing machine and you should be ready to begin. magazines are stapled reading material made with glossy paper, and they cover a wide variety of topics, ranging from news and politics to business and stock market information. some magazines are concerned with more recreational topics, like sports card collecting or different kinds of hairstyles. lettuce is a vegetable.

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%