Question

The original cost of Sam’s investment is $10,000. After liquidating the investment, Sam calculated his real return to be $10,700. What is the return on investment (ROI)? The ROI on Sam’s investment is %.

Answer 1

7%

Explanation:

Just took master quiz 5/5

Answer 2

Answer: 7% I think, I came on here just to verify

Step-by-step explanation: Divide 700 by 10,000. Move decimals place over.

700/10,000 = .07

.07=7%