1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yarga [219]
3 years ago
12

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...
Mathematics
2 answers:
Colt1911 [192]3 years ago
8 0
The correct answer to this question is 75%
Svetllana [295]3 years ago
5 0

Answer:

ROI is 75% .

Step-by-step explanation:

Formula

ROI = \frac{(Final\ value\ of\ investment-Initial\ value\ of\ investment)\times 100}{Initial\ value\ of\ investment}

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 = \frac{(35000-20000)\times 100}{20000}

ROI = \frac{15000\times 100}{20000}

ROI = \frac{1500000}{20000}

ROI = 75%

Therefore ROI is 75% .

You might be interested in
What is the range of this function? 3 0 5 7 4 11 6 A. {-3,4,5,7} B. {-3,0,4,6} C. {-3,0,3,4,5,6,7,11} D. {3,5,7, 11}​
Mandarinka [93]

Answer:

C

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Dewie Lifftum, Howe Moving Company has a loading ramp for their moving truck. The ramp connects to the truck 5 feet above the gr
alisha [4.7K]
68 I think that is the answer
7 0
3 years ago
Read 2 more answers
HELP ME HELP ME PLSSSSS
SpyIntel [72]

Answer:

\boxed{ < 4}

5 0
2 years ago
My sister is half my age when I was 6 now im 70 how old is she?​
TEA [102]

Answer:

your sister would be 35

Step-by-step explanation:

5 0
2 years ago
Write formula for arithmetic sequence when first term is not given
SashulF [63]
An<span> = am</span><span> + (n – 1)d.
i feel like this can work</span>
8 0
2 years ago
Other questions:
  • On an airplane, there are two seats on the left side in each row and three seats on the right side. There are 90 seats on the ri
    12·2 answers
  • A company plans to assign identification numbers to its employees. Each number is to consist of four different digits from 0 to
    9·1 answer
  • Which of the following sets of ordered pairs in the form (x,y) represent a function of x?
    6·1 answer
  • Owens Industries is trying to increase its profile in the community. As part of this effort, Owens sponsors a Little League base
    11·1 answer
  • Chiara rode herbicycle 18.2 km in 1.4 hours. She determines that her mean speed was less than 17 km per hour for this trip. Is s
    15·1 answer
  • There are 4 times as many used cars in the car dealership lot as there as new cars. There are 120 cars total in the dealership l
    11·1 answer
  • What is the center of a circle represented by the equation (x−5)2+(y+6)2=42?
    14·2 answers
  • a bug travels up a tree, from the ground, over a 30-second invertal. It travels fast at first, and then it slows down. It stops
    8·1 answer
  • Mrs. Archer is doing a painting project with her art class. She uses a large jug with 28.5 ounces of blue paint to fill 6 smalle
    14·1 answer
  • A 4 inch by 6 inch picture is placed in a frame that creates a uniform border of x inches around the picture. The area of the en
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!