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Scenario : An investment firm, Wealth Management Inc., manages portfolios for clients. Calculate the return on investment (ROI) for the fiscal year ending December, meeting

Scenario: An investment firm, Wealth Management Inc., manages portfolios for clients. Calculate the return on investment (ROI) for the fiscal year ending December, meeting the following criteria:

- Beginning Investment Portfolio Value: $1,000,000
- Ending Investment Portfolio Value: $1,200,000
- Additional Investments made during the year: $100,000
- Dividends Received: $50,000
- Investment Management Fees: 2% of average portfolio value

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