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Calculate the ROI dollar amount and percentage for these example investments.
a. You invest $50 in a government bond that says you can redeem it a year later for $55.
TIP: Subtract the initial investment from the total return to get the ROI dollar amount. Then divide the ROI dollar amount by the initial investment, and multiply that number by 100 to get the percentage.
b. You invest $200 in stocks and sell them one year later for $230.
TIP: Subtract the initial investment from the total return to get the ROI dollar amount. Then divide the ROI dollar amount by the initial investment, and multiply that number by 100 to get the percentage.
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