document.write( "Question 167954: Venture capital. Henry invested $12,000 in a new restaurant. When the restaurant was sold two years later, he received $27,000. Find his average annual return by solving the equation 12,000 (1 + r)2 = 27,000.\r
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Algebra.Com's Answer #123815 by checkley77(12844) $\"\"$ $\"About$

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12,000 (1 + r)^2 = 27,000
\n" ); document.write( "(1+r)^2=27,000/12,000
\n" ); document.write( "(1+r)^2=2.25
\n" ); document.write( "1+r=sqrt2.25
\n" ); document.write( "1+r=1.5
\n" ); document.write( "r=1.5-1
\n" ); document.write( "r=.5 or 50% ans. \n" ); document.write( "

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