Math Problem Statement
a real estate developer is looming for investors to help fund a new confo complex he promises a 145% return on investment in 4 years. if youre interested In in investing $30,000 and the developer follows through on his promise, how much will you get back in 4 years?
Solution
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Math Problem Analysis
Mathematical Concepts
Return on Investment (ROI)
Percentage
Basic Arithmetic
Formulas
Total Return = Initial Investment * (1 + ROI/100)
Theorems
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Suitable Grade Level
Grades 9-12
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