Question

Josh invested $12,000 in mutual funds and received a sum of $20,000 at the end of the investment period. Calculate the ROI. I have to choose from these three which one is the answer?
A.) 56.54%
B.) 66.67%
C.) 40.00%
Will fan and medal

Answer 1

what does ROI stand for???

Answer 2

Return on investment, or ROI, is the most common profitability ratio. There are several ways to determine ROI, but the most frequently used method is to divide net profit by total assets. So if your net profit is $100,000 and your total assets are $300,000, your ROI would be .33 or 33 percent.

Answer 3

thats what i got for the definition

Answer 4

the answer is chosen from a, b, c

Answer 5

@iGreen

Answer 6

?

Answer 7

who is igreen

Answer 8

another math genuis that i hope will help with this question

Answer 9

what is a b c

Answer 10

i think its b

Answer 11

those are the answers that i have to choose from

Answer 12

if u have to choose between a b c

u want b

Answer 13

the answer is 0.6

Answer 14

which is 60 %

Answer 15

so B

Answer 16

but there is no 60.00%

Answer 17

i know that

Answer 18

B.'s 66%

Answer 19

it was B thank you guys for the help i appreciate it

Answer 20

just so u know if u want to medal someone medal Romona, shes much more help than i could ever be :)

Answer 21

i will next time im putting up a question after i take this one off