81.4k views
3 votes
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?

User Anil Prz
by
7.6k points

1 Answer

4 votes
16,000 paid

8 years passed

12,000 returned

-4000 difference

-4000/16,000 x 100%

-25% (Answer)

User Ram Sharma
by
9.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories