document.write( "Question 1195607: The Total Return on an investment is the relative change in the investment value:\r
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document.write( "Total Return= Ending Value−Initial Value/Initial Value
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document.write( "Joy pays $15,000 for shares in a new company. She sells the shares 8 years later for $12,500. What was her total return on this investment? Round your answer to the nearest tenth of a percent.
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Algebra.Com's Answer #828341 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! She lost $2500 over the period of time. \n" ); document.write( "The initial value was $15000 \n" ); document.write( "The total return was - 2500/15000 or -16.7% \n" ); document.write( " |