All categories

4 years ago

Josh invested $12,000 in mutual funds and received a sum of $20,000 at the end of the investment period. Calculate the ROI.

Mathematics

1 answer:

tresset_1 [31]4 years ago

3 0

Answer:

ROI = 66.67%

Step-by-step explanation:

Given:

josh investment= $12,000

Received sum= $20,000

ROI=?

ROI is the return on investment that gives the loss or gain in any investment and is calculated by the following formula:

ROI= (interest/investment) x 100

Finding interest:

interests= received sum- investment

= 20,000-12,000

=8000

Putting values in ROI formula we get:

ROI= (8000/12000) x 100

= 66.67%

Hence the return on investment is 66.67%!

You might be interested in

I need help for number 8 is it A B C or D

gizmo_the_mogwai [7]

The answer is a hope it helps

4 0

3 years ago

The APR of Percy’s savings account is 4.4%, and interest is compounded monthly. If the principal in Percy’s savings account were

lutik1710 [3]

Answer:$11,389.39

Step-by-step explanation:

(Apex)

8 0

3 years ago

Cynthia was offered two different jobs for the summer. working as a camp counselor, she will earn $15 per hour plus an additiona

Natali [406]

The value of the composite function (f - g)(x) is 5x - 25

<h3>How to determine the function (f - g)(x)?</h3>

The function definitions are given as:

f(x) = 15x + 25

g(x) = 10x + 50

The function (f - g)(x) is calculated using

(f - g)(x) = f(x) - g(x)

This gives

(f - g)(x) = 15x + 25 - 10x - 50

Evaluate the like terms

(f - g)(x) = 5x - 25

Hence, the value of the composite function (f - g)(x) is 5x - 25

Read more about composite function at

brainly.com/question/28398656

#SPJ1

<u>Complete question</u>

Cynthia was offered two different jobs for the summer. working as a camp counselor, she will earn $15 per hour plus an additional $25 bonus. her earnings after x hours can be represented by the function f(x) = 15x + 25. working as a lifeguard, Cynthia will earn $10 per hour and an additional $50 bonus. her earnings after x hours can be represented by the function g(x) = 10x + 50. the arithmetic operation (f - g)x can be used to determine the difference in the salary Cynthia will earn working as a camp counselor instead of a lifeguard after x hours. what is the function (f - g)x?

7 0

1 year ago

GOOD Connect It Now look at different ways to solve the problem. 2) Write 1,000,000,000 as a product of 10s.

Nostrana [21]

Answer:

1 x 10^9

Step-by-step explanation:

6 0

3 years ago

Solve it by Substitution

natka813 [3]

30 in each bus. 17 in each van

To solve this problem, we first have to create a system of equations. After that, you set the equations equal to each other, and use that to simplify and find the value of one variable. Once that is found that answer can be plugged into one of the two original equations to find the other variable.

7 0

3 years ago