Jerrod owes $2,000 on a credit card that charges him an annual percentage rate of 18%. if jerrod stopped making payments, how long would it be before the balance on his credit card reached $4,000?

The Rule of 72 is a basic method to decide how stretched an investment will take to double. It is specified with a fixed annual rate of interest. The annual rate of return would be divided by 72, stockholders can now get an approximate guess of how many years it will take for the original investment to duplicate itself.

So basically, the formula is 72/r where r is the annual rate. So the solution for this is to divide 72 by 18, to get the answer. The answer is 4 years.

i can't solve unless i know what the line is

step-by-step explanation:

welcome to/p>

3

step-by-step explanation:

in standard form:

a= dictionaries

b= maps

you have to buy 3 dictionaries, so put a 3 next to the a (dictionaries) so that you can multiply them by each other.

a3+b= 60 (the amount of money you have)

we already know the cost of a=15 so replace a with $15

($15 x 3)+b=60

multiply 15 and 3 to get $45 and replace it with $45

45+b=60

and then replace b with 15 to get the total:

45+15=60

that means you have $15 left after buying 3 dictionaries.

15 divided by the cost of a map ($5) equals 3.

so you can buy 3 maps.

sorry if it was confusing!