document.write( "Question 415377: Venture capital. 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=27,000))) \n" ); document.write( "
Algebra.Com's Answer #291213 by solver91311(24713)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Divide both sides by 12,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Take the positive square root of both sides.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Add -1 to both sides.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |