Question: Two acquaintances have approached you about investing in business activities in which each is involved. Simone is seeking $560, and Riley needs $545. One year

Two acquaintances have approached you about investing in business activities in which each is involved. Simone is seeking $560, and Riley needs $545. One year from now, your original investment will be returned, along with $50 income from Simone or $53 income from Riley. You can make only one investment.

Required:

a-1.Compute the ROI of Simone and Riley.(Round your answers to 2 decimal places.)Two acquaintances have approached you about investing in business activities in which each is involved. Simone is seeking $560, and Riley needs $545. One year from now, your original investment will be returned, along with $50 income from Simone or $53 income from Riley. You can make only one investment.

Required:

a-1.Compute the ROI of Simone and Riley.(Round your answers to 2 decimal places.)

ROI%

Simone

Riley

a-2.Which investment would you prefer?

Riley
Simone

b.What other factors should you consider before making either investment?

Fluctuation
Risk

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