Ask Question
1 June, 17:41

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

+2
Answers (1)
  1. 1 June, 21:30
    0
    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%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Kerry made an initial business investment of $50,000 the final value of her investment was $55,500 what was the ROI I ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers