document.write( "Question 269844: . Henry invested $12,000 in a new restaurant. When the restaurant was sold two years
\n" ); document.write( "later, he received $27,000. Find his average annual return by solving the equation 12,000(1 + r)^2 =
\n" ); document.write( "27,000.
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Algebra.Com's Answer #197724 by checkley77(12844) $\"\"$ $\"About$

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12,000(1+r)^2=27,000.
\n" ); document.write( "(1+r)^2=27,000/12,000
\n" ); document.write( "(1+r)^2=2.25 take the sqrt of both sides.
\n" ); document.write( "1+r=1.5
\n" ); document.write( "r=1.5-1
\n" ); document.write( "r=.5 or 50% annual return. \n" ); document.write( "

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