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