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22-03-2019
Business

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Kerry made an initial business investment of $50,000 the final value of her investment was $55,500 what was the ROI I

Respuesta :

22-03-2019

The rate of return is 111%

The formula for RIO is:

(Return amount/initial investment) * 100

So:

(55,500/50,000)*100

1.11* 100 = 111%

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