Question

If Sam invested $3,000 and he earned $300 over six months, the return is _____.

six months
$3,300
$300
$3,000

Answer 1

ROI = 10.00%

Explanation:

Investment Gain = $300.00

ROI = 10.00%

Annualized ROI = 21.00%

Investment Length = 0.50 years