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In Mathematics / Middle School | 2014-08-06

Andrew invested $20,000 in mutual funds and received a sum of $35,000 at the end of the investment period. Calculate the ROI (Return on Investment).

Asked by ForrestWragg

Answer (2)

Answer: $15,000
As $35,000-$20,000=$15,000.
That's basically the profit he had made, or the return on his investment (ROI).
As he already had $20,000, he had "only" made $15,000.

Answered by Anonymous | 2024-06-10

Andrew invested $20,000 and received $35,000, leading to a profit of $15,000. The Return on Investment (ROI) is calculated as 75%. This means Andrew earned 75% more than his initial investment.
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Answered by Anonymous | 2025-01-27

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