Question

You invest $100 in stocks and sell them one year later for $115. Use the instructions in Lesson 3 to calculate the ROI dollar amount and percentage. (2.0 points) TIP: Subtract the initial investment from the total return to get the ROI dollar amount. Then divide the ROI dollar amount by the initial investment, and multiply that number by 100 to get the percentage.

Answer 1

Answer:

ROI in dollar amount = $15

ROI in percentage = 15%

Explanation:

Given:

Initial investment = $100

Sale value = $115

Find:

ROI in dollar amount

ROI in percentage

Computation:

⇒ ROI in dollar amount = Sale value - Initial investment

ROI in dollar amount = $115 - $100

ROI in dollar amount = $15

⇒ ROI in percentage = [ROI in dollar amount / Initial investment]100

ROI in percentage = [$15 / $100]100

ROI in percentage = 15%