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Mathematicians, how do you properly calculate the percentage of return on my investment? |
If i spent $182 on an investment and it makes $56 for a total of $238, how do I calculate the percentage of return on my investment. I do it a couple of different ways and come up with different answers, so I would like to know the correct way. It's a simple formula actually. It increased by $56 and 56 is 30.8 percent of your cost of $182. That's a very good return. However, that is not an annual return. It is the return for the time it took to get to $238. The best investment tool you can own is a financial calculator. Either a Hewlet Packard or the lesser expensive Texas Instrument. It is so easy. |
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