document.write( "Question 207717: Venture capittal. Henry invested $12,00 in a new resturant.When the resturant was sold two years laters, he received $27,000. Find his average annual return by solving the equation 12,000(1+r)^2= 27,ooo. \n" ); document.write( "

Algebra.Com's Answer #157160 by rfer(16322) $\"\"$ $\"About$

You can put this solution on YOUR website!
(1+r)^2=27000/12000
\n" ); document.write( "(1+r)^2=2.25
\n" ); document.write( "1+r=1.5
\n" ); document.write( "r=.5 or 50% \n" ); document.write( "

\n" );