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Crazy boy [7]
3 years ago
11

If Eli showed a 8.9% ROI on his $8000.00 investment, how much was his return on his investment

Mathematics
2 answers:
telo118 [61]3 years ago
6 0
8.9% is equal to 0.089 because a percent is over a 100. So, you can just multiply the ROI by the investment to get:

0.089(8000) = 712

Your answer is: $712.
nikitadnepr [17]3 years ago
4 0

$8,000.00 represents 100%

          $ ? represents 8.9 %

cross multiply ?=8.9·8,000/100=712

answer is $712 ROI


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