Solve the Exponential Equation $100,000 = 50,000 e ^ { 25 r }$

question 70

Multiple Choice

Solve the exponential equation $100,000 = 50,000 e ^ { 25 r }$ for r to determine the interest rate required for an investment of $50,000 to double in value when compounded continuously for 25 years. Round your answer to one decimal place.

• A)2.5%
• B)3.9%
• C)6.4%
• D)2.8%
• E)none of these

---

Definitions:

Gem Vehicles

Electric vehicles produced by Global Electric Motorcars, known for their eco-friendly and compact designs suitable for low-speed transportation needs.

F.O.B.

An international commercial term defining at which point the risk and expense of shipped goods transfer from the seller to the buyer; F.O.B. stands for "Free On Board."

C.I.F.

Stands for Cost, Insurance, and Freight, a term used in international trade where the seller is responsible for covering the costs, insurance, and freight of delivering goods to a specified port.

Transportation Costs

Expenses associated with the movement of goods or people from one location to another. These can include fuel, labor, and maintenance expenses.