Ask Question
Yesterday, 18:46

One of your customers is delinquent on his accounts payable balance. youâve mutually agreed to a repayment schedule of $660 per month. you will charge 1.06 percent per month interest on the overdue balance. if the current balance is $14,880, how long will it take for the account to be paid off

+4
Answers (1)
  1. Yesterday, 19:51
    0
    N=log ((1-14,880*0.0106:660) ^ (-1)) : log (1+0.0106) = 25.9 months
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “One of your customers is delinquent on his accounts payable balance. youâve mutually agreed to a repayment schedule of $660 per month. you ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers