They need to sell $500 of stuff
Miss Parker invested a certain amount of money at 9.2% interest and another amount, $700 more than the first, at 10.4%. If the t
1 answer:
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Answer:
The simplified form of is
Step-by-step explanation:
Given :
We have to write the simplified form of
Consider the given expression
We know
and
Thus,
Simplify, we have,
Thus, The simplified form of is
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) = 7%