Thanks ; )Mathematicians, how do you properly calculate the percentage of return on my investment?
It's a simple formula actually.
% return = (final price - initial price) / initial price * 100%
In your case,
(238-182)/182 *100% = 30.8%
Keep printing that money!Mathematicians, how do you properly calculate the percentage of return on my investment?
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.Mathematicians, how do you properly calculate the percentage of return on my investment?
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.
N= Notes or # of payments/months etc.
P=Princible
PV=Present Value
FV=Future Value
i-Interest or 5 of return
I own both and have used them since mid. 80's
Glad I bought them
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