megmueller21 megmueller21

07-12-2019
Mathematics

contestada

An investment of $56,000 in a company’s stock grows to $67,000. What is the return on investment ROI

Respuesta :

kyleadler0807 kyleadler0807

07-12-2019

19.64%

Step-by-step explanation:

use the equation

[tex]roi = \frac{total \: return}{initial \: investment \: value} \times 100\%[/tex]

Total return = $67000-$56000

= $11000

Initial investment value = $56000

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