A company made a profit of 75000 over a period of 6 years on an initial investment of 15000 what is the annual roi

Question

asked Jun 4, 2020 209k views

2 Answers

GreenieMeanie · Answer 1 · 2020-06-08T13:12:27+0000

Answer:

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

ROI = Annual Profit/ initial investment

ROI = $12,500/$15,000 or 83.3%

hope that help