SOLUTION: 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). Can you

Algebra ->  Finance -> SOLUTION: 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). Can you      Log On


   



Question 1177683: 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).

Can you please explain this to me by showing step by step with the calculations?

Homework question from Hans Beauvoir

Answer by MathLover1(20849) About Me  (Show Source):
You can put this solution on YOUR website!

Out of pocket costs for an investment are $50000. The net profit each year is $17132. This investor's ROI is ___
ROI+=+Net+_Income+%2F+Cost+_of_+Investment

ROI=+17132%2F50000=+0.34264
ROI=34.26%