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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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Answer:

  60.65

Step-by-step explanation:

The Law of Cosines can help you figure this out. Call the given sides "a" and "b" and the given angle "C". Then the third side, "c" will satisfy the relation ...

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