https://www.coursehero.com/tutors-problems/Calculus/25538143-need-help-with-financial-literacy-thanks/

https://www.coursehero.com/tutors-problems/Calculus/25538143-need-help-with-financial-literacy-thanks/ Answer & Explanation Solved by verified expert (1) second option is correct (2) second option is correct Step-by-step explanation (1) Given that A relative purchased 225 shares for $ 12.95 /share and sells them $32.58 /share $\Rightarrow$ Total investment = $225\times 12.95$ $\Rightarrow$ Total investment = $ 2913.75 And total money after selling the shares = $225\times 32.58$ = $ 7330.5 Then return on investment ( ROI ) = $\frac{\text{finel value of invested money -initial value of invested money }}{\text{initial value of invested money}}\times 100$ $\Rightarrow$ ROI = $\frac{7330.5-2913.75}{2913.75}$ x 100 $\Rightarrow$ ROI = 151.58 % $\Rightarrow$ ROI = 152 % Hence second option is correct (2) Since investor earns profit of 582.5-575 = $ 7.5 in two month at a constant interest rate $\Rightarrow$ The investor earns profit of $ 3.75 per month Then total profit in 1 year = 12 x $ 3.75 = $ 45 Then ROI = $\frac{\text{total profit earned}}{\text{initial investment}}\times 100$ = $\frac{45}{575}\times 100$ = 7.826 % = 7.83 % Hence second option is correct 谢谢亲的回惠顾，期待您的下次光临！ 添加客服微信:bbwxnly，购买沟通交流so easy Coursehero｜Scribd｜Studymode｜Oneclass｜Chegg｜Studyblue｜Termpaperwarehouse｜SolutionInn｜Bartleby 谢谢亲的支持，祝您学习愉快:)