Andrew invested $20,000 in mutual funds and received a sum of $35,000 at the end of the investment period. What is the ROI. 75% 65% 55%

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asked Apr 17, 2019 132k views

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Hemesh Singh · Answer 1 · 2019-04-21T22:32:52+0000

ROI= (gain from investment - cost of investment)/.cost of investment
= (35,000-20,000)/20,000
= 15,000/20,000
= 0.75 or 75%

ROI is the 75%

Hope this helps!

Andrew invested $20,000 in mutual funds and received a sum of $35,000 at the end of the investment period. What is the ROI. 75% 65% 55%

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