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An investor purchased 100 shares of stock in a company for $1,500. One year later, the investor sold all the shares for $1,750. What is the investor's rate of return?​

User Shahsra
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2 Answers

1 vote

Answer: .1666

Explanation:

User Mogronalol
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10 votes

Answer:

16 2/3%

Explanation:

rate of return is the profit (1750 - 1500) over the original investment

250/1500 = .1666 or 16 2/3%

User Sam Wilson
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