Brandon purchases 95 shares of a stock for $45.49. In 5 years, he sells the stock for $4,533.52. He calculates his ROI, shown below. Did he do this correctly? If not, what error did he make? the quantity 4533 point 52 minus 45 point 49 times 95 over 45 point 49 times 95equals 4 point 9 percent ROI(4 points)

Yes, he solved it correctly.
No, he divided by the wrong number.
No, he should have a negative ROI.
No, he incorrectly calculated his initial investment.

The answer is yes he solved it correctly.

Step-by-step explanation:

Return on Investment(Simple ROI) = [Ending Value of Investment - Cost of Investment] / Cost of Investment

Cost of the shares bought by Brandon = 45.49 * 95 => $4,321.55‬

Ending Value (Sale value) => $4,533.52

ROI => [4,533.52 - 4,321.55‬] / 4,321.55‬ => 211.97 / 4,321.55  

=> 0.04905

i.e 4.9%

answer: $34.31

step-by-step explanation:

$11.99 x 3 = $35.97

$35.97 - 10% = $32.37

$32.37 + 6% = $34.31

the diameter is 16 cm. are you a teacher?

step-by-step explanation: