SOLUTION: 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

Algebra ->  Polynomials-and-rational-expressions -> SOLUTION: 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      Log On