Convert any mixed numbers to fractions.
Then your initial equation becomes:
15
4
×
4
1
Applying the fractions formula for multiplication,
=
15
×
4
4
×
1
=
60
4
Simplifying 60/4, the answer is
15
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%
Answer:
i don't know maybe D. 2 and 3