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18 October, 16:38

Kerry made an initial business investment of $50,000 the final value of her investment was $55,500 what was the ROI I

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  1. 18 October, 16:52
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    The rate of return is 111%

    The formula for RIO is:

    (Return amount/initial investment) * 100

    So:

    (55,500/50,000) * 100

    1.11 * 100 = 111%
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