Business
lupe55
2021-02-19 18:48:27
A company made a profit of $75,000 over a period of 6 years on an initial investment of $15,000. What is its annualized ROI?
ANSWERS
lahallostephani
2021-02-20 01:35:03

Return on  Investment = 83% or 0.83 total Profit = 75000 term = 6 yrs annual profit = 75000 / 6 = 12500 initial investment = 15000 ROI = Net  Profit / Total Asset        = 12500 / 15000        = 0.83  or  83% (0.83 x 100%)

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