document.write( "Question 98192: Henry invested $12,000 in a new restaurant. When the restaurant was sold two years later, he received $27,000. Find his annual return by solving the equation 12,000 (1+r)^2= 27,000 \n" ); document.write( "
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\"12000+%281%2Br%29%5E2=+27000\"
\n" ); document.write( "\"%281%2Br%29%5E2=+27000%2F12000\"
\n" ); document.write( "\"%281%2Br%29%5E2=+2.25\"
\n" ); document.write( "Find the square root of each side.
\n" ); document.write( "\"%281%2Br%29=+1.5\"
\n" ); document.write( "So r = 0.50 = 50%.
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