zmracing - 11/7/2015 21:54
I see doubling 2 as the same thing as doubling 9. If I currently am paying $300.00 an acre in interest per year and the rate double I am then paying $600.00 an acre per year in interest. If I am paying 2% interest on $15,000 an acre land and interest doubles it is the same as if I was paying 9% interest on $3,300.00 an acre land and the interest doubles. $300.00 to $600.00 is the same result no matter where you started.