The Total Return on an investment is the relative change in the investment value: Total Return=Ending Value−Initial ValueInitial ValueTotal Return=Ending Value-Initial ValueInitial Value Rosa pays $16,000 for shares in a new company. She sells the shares 8 years later for $13,000. What was her total return on this investment? Round your answer to the nearest tenth of a percent. The Total Return on Rosa's investment is  _____%

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
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The Total Return on an investment is the relative change in the investment value:

Total Return=Ending Value−Initial ValueInitial ValueTotal Return=Ending Value-Initial ValueInitial Value

Rosa pays $16,000 for shares in a new company. She sells the shares 8 years later for $13,000. What was her total return on this investment? Round your answer to the nearest tenth of a percent.

The Total Return on Rosa's investment is  _____%

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