select all that apply. you invest $500 and your investment is now worth $600. which of the following are…

select all that apply. you invest $500 and your investment is now worth $600. which of the following are true? a your roi is 10%. b your roi is 20%. c your roi is 1.10%. d your investment gained $100. e your investment gained $600.

select all that apply. you invest $500 and your investment is now worth $600. which of the following are true? a your roi is 10%. b your roi is 20%. c your roi is 1.10%. d your investment gained $100. e your investment gained $600.

Answer

Explanation:

Step1: Calculate the gain amount

The gain is the final value minus the initial value. So, gain = $600 - 500=100$.

Step2: Calculate the ROI (Return - on - Investment)

ROI is calculated as $\frac{\text{Gain}}{\text{Initial Investment}}\times100%$. So, ROI = $\frac{600 - 500}{500}\times100%=\frac{100}{500}\times100% = 20%$.

Answer:

B. Your ROI is 20%. D. Your investment gained $100.