OpenStax, Contemporary Mathematics §6.7 Investments · Example 5 · Arithmetic · Money & interest
Investments · Example 5
Vincent buys 100 stocks in the REM company for $21.87 per share. One year later, he sells those 100 shares for $29.15 per share.
(a) How much money did Vincent make?
(b) What was his return on investment for that one year?
OpenStax, Contemporary Mathematics · §6.7 Investments · Example 5
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