3 years ago

Andrew invested $20,000 in mutual funds and received a sum of $35,000 at the end of the investment period. Calculate the ROI.

1 answer:

5 0

Answer: $15,000

As $35,000-$20,000=$15,000.

That's basically the profit he had made, or the return on his investment (ROI).

As he already had $20,000, he had "only" made $15,000.

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xz_007 [3.2K]

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3 years ago

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BabaBlast [244]

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Assuming that you meant ab=1

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SEE THE IMAGE FOR SOLUTION

HOPE IT HELPS

HAVE A GREAT DAY

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