document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=208039>Question 208039</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 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=27000 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #157357 by </B><A HREF=/tutors/aboutme.mpl?userid=rapaljer><B>rapaljer(4671)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rapaljer><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=rapaljer><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=157357\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Divide both sides by 12000\r<BR>\n" );
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document.write( "(1+r)^2 = 27000/12000<BR>\n" );
document.write( "(1+r)^2=9/4\r<BR>\n" );
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document.write( "Take the square root of both sides:<BR>\n" );
document.write( "1+r=3/2    or   1+r=-3/2   (reject negative answers!)<BR>\n" );
document.write( "r=3/2-1<BR>\n" );
document.write( "r=1/2<BR>\n" );
document.write( "r=.50 = 50%  --  Pretty good investment!!\r<BR>\n" );
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document.write( "R^2       </SPAN>\n" );
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