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Two acquaintances have approached you about Investing in business actlvitles In which each is involved. Simone Is seeking $695, and Riley needs $515. One year
Two acquaintances have approached you about Investing in business actlvitles In which each is involved. Simone Is seeking $695, and Riley needs $515. One year from now, your original Investment will be returned, along with $63 income from $ imone or $66 income from Riley. You can make only one investment. Required: a-1. Compute the ROl of Simone and Riley. (Round your answers to 2 decimal places.) a-2. Which Investment would you prefer? Riley Simone b. What other factors should you consider before making elther Investment? Fluctuation Rlsk
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