Question: Problems 6168 are based on material learned earlier in the course. The purpose of these problems is to keep the material fresh in your mind

Problems 61–68 are based on material learned earlier in the course. The purpose of these problems is to keep the material fresh in your mind so that you are better prepared for the final exam. 

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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AP14 8400 4200 1 018 36... View full answer

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