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jenyasd209 [6]
3 years ago
13

A company made a profit of $75,000 over a period of 6 years on an initial investment of $15,000. What is its annualized ROI? 26%

66.67% 83.33%
Mathematics
2 answers:
Mamont248 [21]3 years ago
6 0
<span>ROI = $12,500/$15,000 or 83.3%</span>
allsm [11]3 years ago
4 0
Annual ROI is approximately 83.3%

Find annual profit: $75,000/6 = $12,500

ROI = Annual Profit/ initial investment
ROI = $12,500/$15,000 or 83.3%
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