Venture capital, Henry invested $12,000 in a new restaurant. When the restaurant was sold two years
Question: 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
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Solution: The solution consists of 1 page
Solution Format: Word Document
Solution Format: Word Document