Andrew invested $20,000 in mutual funds and received a sum of $35,000 at the end of the investment period. Calculate the ROI. I
need the perentage...
2 answers:
The correct answer to this question is 75%
Answer:
ROI is 75% .
Step-by-step explanation:
Formula

As given
Andrew invested $20,000 in mutual funds and received a sum of $35,000 at the end of the investment period.
Final value of investment = $35000
Initial value of investment = $20000
Put all the values in the formula



ROI = 75%
Therefore ROI is 75% .
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