3) Veronica traveled 126 miles on 3 gallons of gas. On another trip she traveled 210 miles on 5 gallons of gas. Find the unit ra
1 answer:
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Answer:
Return on investment (ROI) = 7%
Step-by-step explanation:
Given:
Amount invested = $10,000
Total amount get (refund) = $10,700
Find:
Return on investment (ROI) = ?
Computation:
Amount Return = Total amount get (refund) - Amount invested
Amount Return = $10,700 - $10,000
Amount Return = $700
Return on investment (ROI) = 7%