Last month Caitlins average daily balance on your credit card was $1749.13 the annual interest rate on that credit card is 17.95% the minimum payment on that card is the interest charge +2% of the ending balance of $25 which ever is larger if there were 30 days in that month at the ending balance was $2746.49 what would the balance be on her credit card after she made the payment for that month
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.
Last month Caitlins average daily balance on your credit card was $1749.13 the annual interest rate on that credit card is 17.95% the minimum payment on that card is the interest charge +2% of the ending balance of $25 which ever is larger if there were 30 days in that month at the ending balance was $2746.49 what would the balance be on her credit card after she made the payment for that month
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