An Initial Investment of $5000 Doubles in Value in 6

question 49

Multiple Choice

An initial investment of $5000 doubles in value in 6.3 years.Assuming continuous compounding,what was the interest rate? Round to the nearest tenth of a percent.

• A)11.0%
• B)4.8%
• C)5.5%
• D)6.3%
• E)100%

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Definitions:

Peroxisomes

Membrane-bound organelles within cells that contain enzymes for breaking down toxic substances and synthesizing certain lipids.

Cell's Life Cycle

The series of phases (growth, DNA replication, division) through which a cell passes from one division to the next.

Carrier-Mediated Processes

Biological transport mechanisms in which specific carrier proteins facilitate the movement of molecules across cell membranes.

Lipid-Soluble Molecules

Molecules that can easily cross cell membranes due to their solubility in lipids, affecting the transport and signaling within cells.