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Two acquaintances have approached you about investing in business activities in which each is involved. Simone is seeking $560, and Riley needs $665. One year

Two acquaintances have approached you about investing in business activities in which each is involved. Simone is seeking $560, and Riley needs $665. One year from now, your original investment will be returned, along with $50 income from Simone or $53 income from Riley. You can make only one investment. Required: a-1. Compute the ROI of Simone and Riley. (Round your answers to 2 decimal places.) a-2. Which investment would you prefer?

multiple choice 1

  • Simone

  • Riley

b. What other factors should you consider before making either investment?

multiple choice 2

  • Fluctuation

  • Risk

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