document.write( "Question 205137This question is from textbook Elementary and Intermediate Algebra
\n" ); document.write( ": Josh 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%2C000%281+%2B+r%29%5E2+=+27%2C000\" \n" ); document.write( "
Algebra.Com's Answer #154848 by Alan3354(69443)\"\" \"About 
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\"12000%281+%2B+r%29%5E2+=+27000\"
\n" ); document.write( "Solve for r.
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\n" ); document.write( "(1+r)^2 = 27000/12000 = 2.25
\n" ); document.write( "1+r = 1.5
\n" ); document.write( "r = 0.5 = 50%\r
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