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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? 26% 66.67% 83.33%

Respuesta :

Aliwohaish12
Annual ROI is approximately 83.3%

Find annual profit: $75,000/6 = $12,500

ROI = Annual Profit/ initial investment
ROI = $12,500/$15,000 or 83.3%
shdaigle2
ROI = $12,500/$15,000 or 83.3%

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