Answer:
It will take an interest rate of 8.1% to get 150% of the initial investment in just 5 years.
Step-by-step explanation:
Use the formula for continuous compounding

where r stands for the (annual) interest rate, t for time in years, P for the initial principal (investment) and X is the amount after t years.
(this formula can be beautifully derived from just basic considerations, btw)
We are given t=5, and percent increase on the initial P, so we can solve for r

It will take an interest rate of 8.1% to get 150% of the initial investment in just 5 years.
64 as it’s multiplied by 2 each time
I believe it is positive so option 2
Answer:
True
Step-by-step explanation:
First, we need to recognize that

Now, we can try to solve

Multiply each side by 

As we end up with an answer that cannot be true, we know that there is no solution.
Another method to solve this would be graphing the function 
When graphed, it can be seen that there is an asymptote at x=0 meaning that there is no value for x=0.