I think the answer is 1/3 but i suck at slopes lol. Might wanna double check
1/2
plsss mark brainliestt
Step-by-step explanation:
3/6
1.5/3
5/2.5
Answer:
$1,190
Step-by-step explanation:
$850(0.25) = 212.50
$850(0.15) = 127.50
$850+212.50= 1,062.50
1,062.50+127.50= 1,190
We are given with an initial deposit of $20,000 and a future worth of <span>$35,000. In this case, we are asked for the return of income (ROI) of the investment. in this case, we assume the number of years equal to 1. hence,
</span>$35,000 = <span>$20,000* (1+i) ^1
</span>i or ROI then is equal to 0.75
