skylar became an electrician, but first she spent time in a trade school. the trade school costs $9,000, but…

skylar became an electrician, but first she spent time in a trade school. the trade school costs $9,000, but she makes $60,000 per year working as an electrician. she will make $600,000 in the next 10 years working as an electrician. negative roi positive roi

skylar became an electrician, but first she spent time in a trade school. the trade school costs $9,000, but she makes $60,000 per year working as an electrician. she will make $600,000 in the next 10 years working as an electrician. negative roi positive roi

Answer

Explanation:

Step1: Identify cost and benefit

Cost = $9000$, Benefit = $600000$

Step2: Calculate ROI

ROI formula is $\text{ROI}=\frac{\text{Benefit}-\text{Cost}}{\text{Cost}}\times 100%$. Substituting values: $\text{ROI}=\frac{600000 - 9000}{9000}\times 100%=\frac{591000}{9000}\times 100%\approx 6566.67%>0$

Answer:

Positive ROI ????