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Thomas invested $18.000 in mutual funds and received a sum of $27.000 at the end of the investment period. Calculate the ROI.
Mathematics
Mark_12
Mark_12 - 26.01.2016 21:12Thomas invested $18.000 in mutual funds and received a sum of $27.000 at the end of the investment period. Calculate the ROI.
David_77 - 26.01.2016 21:29ROI (return on investment) = (gain from investment – cost of investment) / cost of investment So ROI = 27000 – 18000 / 18000 = 50%
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