SOLUTION: Debra has $100,000 to invest and needs to earn $30,000 per year from that investment. What should be the return on investment for her to achieve this?

SOLUTION: Debra has $100,000 to invest and needs to earn $30,000 per year from that investment. What should be the return on investment for her to achieve this?

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Question 1007961: Debra has $100,000 to invest and needs to earn $30,000 per year from that investment. What should be the return on investment for her to achieve this?
Answer by fractalier(6550) (Show Source): You can put this solution on YOUR website!
Well, to make $30,000 on an investment of $100,000 in one year, she would need to earn
30000/100000 = .3 = 30% on her money
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