Question: Find the time it would take for the general level of prices in the economy to double at an average annual inflation rate of 4%.

Find the time it would take for the general level of prices in the economy to double at an average annual inflation rate of 4%. What is the appropriate value of i? (Type an integer or a decimal.) The doubling time is about years. (Do not round until the final answer. Then round to the nearest integer as needed.)

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