ForrestWraggidn
Answered

IDNLearn.com helps you find the answers you need quickly and efficiently. Discover reliable and timely information on any topic from our network of knowledgeable professionals.

Andrew invested $20,000 in mutual funds and received a sum of $35,000 at the end of the investment period. Calculate the ROI.

Sagot :

Answer: $15,000

As $35,000-$20,000=$15,000.

That's basically the profit he had made, or the return on his investment (ROI).

As he already had $20,000, he had "only" made $15,000.
We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. For clear and precise answers, choose IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.