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20.00 points One of your customers is delinquent on his accounts payable balance. You've mutually agreed to a repayment schedule of $670 per month. You

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20.00 points One of your customers is delinquent on his accounts payable balance. You've mutually agreed to a repayment schedule of $670 per month. You will charge 1.07 percent per month interest on the overdue balance. If the current balance is $14,890, 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.) Number of months References eBook &Resources Worksheet Leaning Objective: 05- 02 Calculate loan payments and find the interest rate on a loan Difficulty: 1 Basic Section: 5.2 Valuing Level Cash Flows Annuities and Perpetuities Check my work 24 F2 FS 2 4

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