Ana pays $9,000 for shares in a new company. She sells the shares 10 years later for $19,500. What was her total return on this investment? Round your answer to the nearest tenth of a percent.
Added by Jeffrey F.
Step 1
To find the profit, subtract the initial investment from the final amount received. Profit = Final amount - Initial investment Profit = $19,500 - $9,000 = $10,500 Show more…
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