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Accessibility tab summary: Students please use the information below to complete the question completing the required cells. Given information for this question is presented in
Accessibility tab summary: Students please use the information below to complete the question completing the required cells. Given information for this question is presented in rows through The required answer is in row
One of your customers is delinquent on his accounts payable balance. Youve mutually agreed to a repayment schedule of $ per month. You will charge percent per month interest on the overdue balance. If the current balance is $ how long will it take for the account to be paid off?
Input area:
Monthly payment $
Rate per month
Current balance $
Use cells A to B from the given information to complete this question.
Output area:
Months until paid off
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