The balance owed on your credit card doubles from $2000 to $4000 in 4 months. If your balance is growing exponentially, how much longer will it be until it reaches $8000? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. OA. It will be 8 months because the balance increases by $3000 every 4 months OB. It will be 8 months because it takes 4 months to reach $4000 and another 4 months to reach $8000 O.C. It will be 4 months because the balance doubles every 4 months, and $6000 is twice as much as $4000 OD. It will be 12 months because $2000 has to double three times to become $8000 LAUR E. It will be 4 months because the balance increases by $4000 every three months. F. it will be 12 months because the balance increases by $2000 every 4 months, and $8000 is $6000 more than $2000
The balance owed on your credit card doubles from $2000 to $4000 in 4 months. If your balance is growing exponentially, how much longer will it be until it reaches $8000? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. OA. It will be 8 months because the balance increases by $3000 every 4 months OB. It will be 8 months because it takes 4 months to reach $4000 and another 4 months to reach $8000 O.C. It will be 4 months because the balance doubles every 4 months, and $6000 is twice as much as $4000 OD. It will be 12 months because $2000 has to double three times to become $8000 LAUR E. It will be 4 months because the balance increases by $4000 every three months. F. it will be 12 months because the balance increases by $2000 every 4 months, and $8000 is $6000 more than $2000
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:Choose the best answer to the following question. Explain your reasoning with one or more complete sentences
The balance owed on your credit card doubles from $2000 to $4000 in 4 months. If your balance is growing exponentially, how much longer will it be until it reaches $8000?
Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
OA. It will be 8 months because the balance increases by $3000 every 4 months
OB. It will be 8 months because it takes 4 months to reach $4000 and another 4 months to reach $8000
OC. It will be 4 months because the balance doubles every 4 months, and $6000 is twice as much as $4000
OD. It will be 12 months because $2000 has to double three times to become $8000
E. It will be 4 months because the balance increases by $4000 every three months.
F. It will be 12 months because the balance increases by $2000 every 4 months, and $8000 is $6000 more than $2000
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