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Jill pays $16,000 for shares in a new company. She sells the shares 8 years later for $12,000. What was her total return on this investment? Round your answer to the nearest tenth of a percent. The total
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Aug 4, 2021
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Jill pays $16,000 for shares in a new company. She sells the shares 8 years later for
$12,000. What was her total return on this investment? Round your answer to the
nearest tenth of a percent.
The total return on Jill’s investment?
Mathematics
college
Anil Prz
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Anil Prz
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16,000 paid
8 years passed
12,000 returned
-4000 difference
-4000/16,000 x 100%
-25% (Answer)
Ram Sharma
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Aug 8, 2021
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Ram Sharma
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