SOLUTION: Henry invested $12,000.00 in a new resturant. When the resturant was sold two years later, he received $27,000.00. Find his average annual return by solving the equation 12,000.00(
Algebra.Com
Question 48233: Henry invested $12,000.00 in a new resturant. When the resturant was sold two years later, he received $27,000.00. Find his average annual return by solving the equation 12,000.00(1+r)^2=27,000.00
Answer by atif.muhammad(135) (Show Source): You can put this solution on YOUR website!
12,000.00(1+r)^2=27,000.00
RELATED QUESTIONS
Henry invested $12,000 in new resturant. When hte resutrant was sold two years later, he (answered by pie90010)
Venture capittal. Henry invested $12,00 in a new resturant.When the resturant was sold... (answered by rfer)
Venture Capital:
Henry invested $12000 in a new resturant. When the resturant was sold... (answered by scott8148)
Henry invested $12,000 in a new resturant When the restaurant was sold two years later,... (answered by rfer)
mark invested $12, 000 in a new restaraunt. When the restaurant was sold two years... (answered by checkley77)
Henry invested $12,000 in a new restaurant. When the restaurant was sold two years later, (answered by 303795)
Henry invested $12,000 in a new restaurant. When the restaurant was sold two years later, (answered by checkley71)
96) Ventura Capital. Henry invested $ 12,000 in a new restaurant. When the restaurant was (answered by checkley71)
Venture capital Henry invested $12,000 in a new restaurant. When the restaurant was sold... (answered by nerdybill)