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Because Jerrod missed a payment, the credit card company automatically raised the interest rate form 18% to 24%. How many years would it be until
Because Jerrod missed a payment, the credit card company automatically raised the interest rate form 18% to 24%. How many years would it be until his balance doubles, assuming he continues to make no payments? Assume the interest rate DOES NOT continue to go up. Units are not necessary. Exmaple: 5 years would be entered as 5.
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