Return on Investment (ROI) ROI is used to decide where to invest financial assets. The finance group of a company may use ROI to decide whether to fund project A or project B. The formula for calculating ROI is given below. The formula for calculating ROI is Expected Returns minus Cost of Investment. It is then divided by Cost of Investment ArmCPU company manufactures memory chips. The company wants to expand production to a faster memory chip which will cost $2M. This new chip is expected to bring $6M over the next 3 years. What is the ROI? Use approximately 100 words to explain your

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