gary52coates gary52coates
  • 20-07-2022
  • Mathematics
contestada

what would be your return on the investment if you bought when rates were 7% and sold when rates were 10%

Respuesta :

MrRoyal
MrRoyal MrRoyal
  • 20-07-2022

The return on the investment is 3%

How to determine the return on investment?

The given parameters are:

Buying rate = 7%

Selling rate = 10%

The return on the investment is

ROI = Selling - Buying

So, we have:

ROI = 10% - 7%

Evaluate

ROI = 3%

Hence, the return on the investment is 3%

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https://brainly.com/question/13575981

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