Question - Two acquaintances have approached you about investing in business activities in which each is involved. Nateisha is seeking $2,900 and Tian needs $3,900. One year from now your original investment will be returned, along with $245 income from Nateisha or $330 income from Tian. You can make only one investment.
Required:
a-1. Compute the ROI of Nateisha and Tian.
a-2. Which investment would you prefer?
b. What other factors should you consider before making either investment?