Business: Suppose Ivy invests $5,000 in her jewelry stand at the local shopping mall and her investment earns her $550. What is Ivy s return on investment?

Suppose Ivy invests $5,000 in her jewelry stand at - id50005235766, fernandancon1872

jonzyjones3114

19.01.2022

11%

Explanation:

The returns on an investment can be calculated as:

$r=\frac{I}{P}\cdot 100$

where:

r is the return

I is the interest earned in the investment

P is the principal (the amount of money invested)

In this problem for Ivy, we have:

P = $5,000 (amount invested by Ivy)

I = $550 (interest earned by Ivy)

Therefore, the return on the investment is:

$r=\frac{550}{5000}\cdot 100 = 0.11\cdot 100 = 11\%$

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juliemiddleton05

08.08.2020

hacking

Explanation:

thats the only way to iterfere

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