document.write( "Question 48233: Henry invested $12,000.00 in a new resturant. When the resturant was sold two years later, he received $27,000.00. Find his average annual return by solving the equation 12,000.00(1+r)^2=27,000.00 \n" ); document.write( "

Algebra.Com's Answer #31903 by atif.muhammad(135) $\"\"$ $\"About$

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12,000.00(1+r)^2=27,000.00\r
\n" ); document.write( "\n" ); document.write( " $\"%281%2Br%29%5E2+=+27%2F12\"$ \r
\n" ); document.write( "\n" ); document.write( " $\"%281%2Br%29+=+sqrt%2827%2F12%29\"$ \r
\n" ); document.write( "\n" ); document.write( " $\"r+=+sqrt%2827%2F12%29+-+1+\"$ \r
\n" ); document.write( "\n" ); document.write( " $\"r+=+1.5+-+1+=+0.5\"$ \n" ); document.write( "

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