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Rufina [12.5K]
3 years ago
6

A company made a profit of $75,000 over a period of 6 years on an initial investment of $15,000. What is its annaualized ROI?

Mathematics
1 answer:
alekssr [168]3 years ago
5 0
Annual profit=75,000÷6=12,500


ROI=12,500÷15,000=0.8333×100
=83.33%
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