document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=223299>Question 223299</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Venture capital. Henry invested $12,000 in a new<BR>\n" );
document.write( "restaurant. When the restaurant was sold two years<BR>\n" );
document.write( "later, he received $27,000. Find his average annual<BR>\n" );
document.write( "return by solving the equation 12,000(1 + r)2 =<BR>\n" );
document.write( "27,000.       (The 2 is a 'to the power number)\r<BR>\n" );
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document.write( "Please help how do I figure this out?? Do I simply add 12,000 and 27,000 then divide by 2?? Maybe?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #167003 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley77><B>checkley77(12844)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley77><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=167003\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 12,000(1+R)^2=27,000<BR>\n" );
document.write( "(1+R)^2=27,000/12,000<BR>\n" );
document.write( "(1+R)^2=2.25<BR>\n" );
document.write( "1+R=SQRT2.25<BR>\n" );
document.write( "1+R=1.5<BR>\n" );
document.write( "R=1.5-1<BR>\n" );
document.write( "R=.5 OR 50% IS THE INTEREST RATE.<BR>\n" );
document.write( "PROOF:<BR>\n" );
document.write( "12,000(1+.5)^2=27,000<BR>\n" );
document.write( "12,000*1.5^2=27,000<BR>\n" );
document.write( "12,000*2.25=27,000<BR>\n" );
document.write( "27,000=27,000<BR>\n" );
document.write( " </SPAN>\n" );
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