Question

A company made a profit of $75,000 over a period of 6 years on an initial investment of $15,000. What is its annaualized ROI?

Answer 1

Annual profit=75,000÷6=12,500


ROI=12,500÷15,000=0.8333×100
=83.33%

Answer 2

Answer:

Annual profit=75,000÷6=12,500

ROI=12,500÷15,000=0.8333×100

=83.33%

Step-by-step explanation:

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