Question: Problems 6170. The purpose of these problems is to keep the material fresh in your mind so that you are better prepared for later sections,

Problems 61–70. The purpose of these problems is to keep the material fresh in your mind so that you are better prepared for later sections, a final exam, or subsequent courses such as calculus.

Nick has a credit card balance of $4200. If the credit card company charges 18% interest compound daily, and Nick does not make any payments on the account, how long will it take for his balance to double? Round to two decimal places.

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