71828, r is the interest rate, and t is the time in years.
We know that P = $40,000, A = $60,000, and t = years. We want to solve for r.
Substituting these values into the formula, we get:
$60,000 = $40,000e^(rt)
Dividing both sides by $40,000, we get:
1.5 =
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