How much should be invested at 6% to have $1900 at the end of 4.5 years? (Round your final answer to two decimal places.) $ ____ Andy borrowed $9500 for 3 1/2 years at a simple interest rate of 4.7%. Find the total interest paid over this period. $ ____ Thank you
Risk and return
Before understanding the concept of Risk and Return in Financial Management, understanding the two-concept Risk and return individually is necessary.
Capital Asset Pricing Model
Capital asset pricing model, also known as CAPM, shows the relationship between the expected return of the investment and the market at risk. This concept is basically used particularly in the case of stocks or shares. It is also used across finance for pricing assets that have higher risk identity and for evaluating the expected returns for the assets given the risk of those assets and also the cost of capital.
How much should be invested at 6% to have $1900 at the end of 4.5 years? (Round your final answer to two decimal places.)
$ ____
Andy borrowed $9500 for 3 1/2 years at a simple interest rate of 4.7%. Find the total interest paid over this period.
$ ____
Thank you
Step by step
Solved in 2 steps