Mathematics, 05.12.2020 02:10 tegaoks6843

Brayden purchases 85 shares of a stock for $43.28. In 3 years, he sells the stock for $3,297.15. He calculates his ROI, shown below. Did he do this correctly? If not, what error did he make?
3,297.15-43.28(85)
=-11.6% ROI
3297.15
(4 points)
Ob
Yes, he solved it correctly,
No, he divided by the wrong number.
No, he should have a positive ROI.
No, he incorrectly calculated his initial investment
od

Answers: 1

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Brayden purchases 85 shares of a stock for $43.28. In 3 years, he sells the stock for $3,297.15. He...