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The balance owed on your credit card doubles from $1000 to 2000 in 4 months. If your balance is growing exponentially, how much longer will

The balance owed on your credit card doubles from $1000

to 2000 in 4 months. If your balance is growing exponentially, how much longer will it be until it reaches $4000?

Select the correct choice below and, your choice.

A.

It will be 8

months because the balance increases by $1500 every 4

months.

B.

It will be 4

months because the balance increases by $2000

every three months.

C.

It will be 4

months because the balance doubles every 4

months, and 4000

is twice as much as $2000.

D.

It will be 12 months because $1000 has to double three times to become $4000.

E.

It will be 12 months because the balance increases by $1000 every 4 months, and $4000 is $3000

more than $1000.

F.

It will be 8 months because it takes 4 months to reach $2000 and another 4

months to reach $4000.

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