Question 1177631: Out of pocket costs for an investment are $50,000. The net profit each year is $17,132. This investor's ROI is ___ percent (rounded to the nearest two decimal places)
Once again, I would like to see the calculations & answers please. It's very important!
Homework question from Hans Beauvoir
Answer by Edwin McCravy(20055)   (Show Source):
You can put this solution on YOUR website!
Although this problem was the first one listed when I clicked
"All Recent UNSOLVED Problems",
it was posted 4 years ago, March 26, 2021 at 10:00:27
Notice that even though you don't see the date problems were posted after
they've been answered either by a human or AI, this one, the first one listed,
was posted 4 years ago, March 26, 2021. The student who posted this is very likely no longer in school, let alone no longer in need of having
this problem solved. Here is how it was listed. Notice the date
2021-03-26 19:00:27
Finance/1177631 (2021-03-26 10:00:27): Out of pocket costs for an investment are $50,000. The net profit each year is $17,132. This investor's ROI is ___ percent (rounded to the nearest two decimal places)
Once again, I would like to see the calculations & answers please. It's very important!
Homework question from Hans Beauvoir
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