Luis repairs air conditioners. He earned a certificate in 6 months and paid for it with one loan. He earns a good salary now and will pay off his loan in two years. What kind of return on investment (ROI) does Luis demonstrate? Negative ROI Positive ROI Neutral ROI Can't Determine

Education is probably the best investment that someone can make. It is not easy and it is not nice, but it can help you have a better life and better future.

In this case, Luis spent money in order to get his certificate in repairing air conditioners. He studied 6 months and probably took a test to pass it. After passing it, he owes money which is not good. But the great part is that Luis is now earning much more money than before. His better salary will allow him to pay his loan in 2 years, which is a a short time. Imagine if you could pay your college loans in just 2 years (the average time is 20 years).

OlanmaE OlanmaE · Answer 2 · 2021-12-02T15:09:52+01:00

The kind of return on investment that Luis who repairs air conditioners demonstrates is Positive ROI.

Positive ROI applies when the net gain of taking a certain financial decision is greater than any costs that might have been encountered.

In Luis's case, we find that the benefits he enjoys as a result of taking the loan are greater than any cost he might have encountered.

Now, he earns a good salary and he will definitely repay his loan.

Therefore, the move demonstrates a Positive ROI.

Learn more about Positive ROI here:

https://brainly.com/question/23603222