Question: How many months would it take for a debt to grow by 47% if the annual interest rate is 2.3% with 6 compounding intervals per

How many months would it take for a debt to grow by 47% if the annual interest rate is 2.3% with 6 compounding intervals per year?

Hint: each compounding interval is 2 months long.

Round your answer to the nearest month.

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