Your friend Amber has approached you seeking advice concerning two investment opportunities that she is presently considering. Her classmate Simone has asked her for a loan of $$650$ to help establish a small business; her neighbor Riley would like to borrow $$680$ as a personal loan. One year from now, Amber$$s original investment will be returned in either case, along with $$59$ of income from Simone or $$62$ of income from Riley. Amber can make only one investment.

Required:

Compute the ROI of Simone and Riley.

Which investment would you advise Amber to make?

What other factors should you advise Amber to consider before making either investment?

Answer rating: 100% (QA)

Return on Investment ROI Calculation 1 For Simone Investment 650 Income after one year 59 ROI Income ... View the full answer