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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 Wind-Gen Electric stock for $8000.00. After 4 months, the value of her shares had risen by $150.00 and dividends totaling $120.00 had been paid. (a) Find the return on investment on this investment (ROI).(b)Find the simple interest rate she earned on this investment if she sold the stock at the end of the 4 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. Conclusion: Mary's return was equivalent to an annual simple interest rate of about __%.

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