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
Answer:
Step-by-step explanation:
d is true
Answer:
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