The balance owed on your credit card doubles from $1000 to 2000 in 4 months. If your balance is growing exponentially, how much longer will it be

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The balance owed on your credit card doubles from ​$1000

to ​2000 in 4 months. If your balance is growing​ exponentially, how much longer will it be until it reaches ​$4000​?

Select the correct choice below​ and, your choice.

A.

It will be 8

months because the balance increases by ​$1500 every 4

months.

B.

It will be 4

months because the balance increases by ​$2000

every three months.

C.

It will be 4

months because the balance doubles every 4

​months, and 4000

is twice as much as ​$2000.

D.

It will be 12 months because ​$1000 has to double three times to become ​$4000.

E.

It will be 12 months because the balance increases by ​$1000 every 4 months, and ​$4000 is ​$3000

more than ​$1000.

F.

It will be 8 months because it takes 4 months to reach ​$2000 and another 4

months to reach ​$4000.

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