alphaaz23415
alphaaz23415
22.09.2020 • 
Business

Two acquaintances have approached you about investing in business activities in which each is involved. Simone is seeking $575, and Riley needs $680. One year from now, your original investment will be returned, along with $52 income from Simone or $55 income from Riley. You can make only one investment. Required:
a-1. Compute the ROI of Simone and Riley. (Round your answers to 2 decimal places.) ROI Simone Riley
a-2. Which investment would you prefer? Simone Riley
b. What other factors should you consider before making either investment?

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