Business, 24.02.2020 23:25 kingethan08
One of your customers is delinquent on his accounts payable balance. You’ve mutually agreed to a repayment schedule of $750 per month. You will charge 1.8 percent per month interest on the overdue balance. If the current balance is $17,000, how long will it take for the account to be paid off? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
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One of your customers is delinquent on his accounts payable balance. You’ve mutually agreed to a rep...
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