What factors caused kia to choose georgia for its first american plant?

Many factors caused Kia to choose Georgia for its first American plant.

Explanation:

Kia wanted a location that has access to all kinds of transport network highways, shipping ports, railways and airport. Georgia satisfied this need.

Georgia is situated at the heart of the southeatern automotive corridor and Kia required proximity to its future suppliers which made them choose Georgia as the location. The beneficial tax structure of Georgia and its competitive workforce attracted Kia.

The percentage of unionized manufacturing workers are low in Georgia. A long history of automotive leadership has made Georgia a location where known for good industrial practices and skilled workforce.

9.9 years

a = p(1 + rt) . . account balance after time t at rate r starting with principal p

3000 = 2500(1 + 0.0202t) . . filling in the given numbers

1.2 = 1 + 0.0202t . . divide by 2500

0.2 = 0.0202t . . . subtract 1

0.2/0.0202 = t ≈ 9.901

it will take about 9.9 years for the account balance to reach $3000.