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) = [\frac{Amount\ Return}{Amount\ invested} ]100\\\\Return\ on\ investment \ (ROI) = [\frac{700}{10,000} ]100 \\\\ Return\ on\ investment \ (ROI) =7](https://tex.z-dn.net/?f=Return%5C%20on%5C%20investment%20%5C%20%28ROI%29%20%3D%20%5B%5Cfrac%7BAmount%5C%20Return%7D%7BAmount%5C%20invested%7D%20%5D100%5C%5C%5C%5CReturn%5C%20on%5C%20investment%20%5C%20%28ROI%29%20%3D%20%5B%5Cfrac%7B700%7D%7B10%2C000%7D%20%5D100%20%5C%5C%5C%5C%20Return%5C%20on%5C%20investment%20%5C%20%28ROI%29%20%3D7)
Return on investment (ROI) = 7%
Make an equation
X+X+200=1500
Isolate the variable
2x=1300
X=650
Know that we know what X is, we know that X + 200 will equal the cost of the second appliance
650+850=1500
Your Answer Is...
14.
Why?
This Is Correct Because.... Median = Middle. So, the middle of the 9 numbers is 14.
≈≈≈≈ Glad I Could Help, And Good Luck! ≈≈≈≈
My Name: AnonymousGiantsFan
