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Mary bought Wind - Gen Electric stock for $ 8 0 0 0 . 0 0 . After 4 months, the value of her shares
Mary bought WindGen Electric stock for $ After months, the value of her shares had risen by $ and dividends totaling $ had been paid.
Round to two decimal places.
a Find the return on investment on this investment ROI
bFind the simple interest rate she earned on this investment if she sold the stock at the end of the months.
i P
ii I interest earned the total of all gains
iii t no of year
iv Use I Prt find r and Calculate the result in percentages.
v Conclusion: Marys return was equivalent to an annual simple interest rate of about
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