document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=239007>Question 239007</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Venture Capital:<BR>\n" );
document.write( "Henry invested $12000 in a new resturant. When the resturant was sold two years later, he received $27000. Find the average annual return by solving the equation 12,000(1+r)^2=27000.<BR>\n" );
document.write( "used the foil to solve the (1+r)^2 or (1+r)(1+r)<BR>\n" );
document.write( "12000(1+2r+r^2)=27000<BR>\n" );
document.write( "12000+24,000r+12000r^2=27000<BR>\n" );
document.write( "-15000+24,000r+1200r^2=0<BR>\n" );
document.write( "THis is as far as I could get. Not sure my next step. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #175615 by </B><A HREF=/tutors/aboutme.mpl?userid=scott8148><B>scott8148(6628)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=scott8148><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=scott8148><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=175615\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> dividing by 12000 ___ (1 + r)^2 = 9 / 4\r<BR>\n" );
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document.write( "taking sqrt ___ 1 + r = 3 / 2\r<BR>\n" );
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document.write( "subtracting 1 ___ r = 1 / 2 ___ or .5 ___ or 50%\r<BR>\n" );
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document.write( "pretty good investment... </SPAN>\n" );
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