Hussain wants to buy a new car, which will cost him $23,000, tax included. Hussain has only $18,000 in his bank account, and does not like the idea of borrowing. He has decided to delay buying the car until he has enough money to do so. If Hussain is able to deposit $500 per month at the end of each month into his account, and if the money in his account earns interest at the rate of 2% per month, how long will Hussain have to wait until he can buy his new car?