If Sam invested $3,000 and he earned $300 over six months, the return is _____. six months $3,300 $300 $3,000

Ksogor asked Mar 22, 2023

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5 votes

If Sam invested $3,000 and he earned $300 over six months, the return is _____.

six months
$3,300
$300
$3,000

Ksogor asked Mar 22, 2023

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14 votes

Answer:

ROI = 10.00%

Explanation:

Investment Gain = $300.00

ROI = 10.00%

Annualized ROI = 21.00%

Investment Length = 0.50 years

Worp answered Mar 28, 2023

by Worp

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