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Looking for Formula and breakdown of the problem below. How the answer was found ? Calculating Number of Periods- One of your customers is delinquent

Looking for Formula and breakdown of the problem below. How the answer was found ?

Calculating Number of Periods- One of your customers is delinquent on his accounts payable balance. Youve mutually agreed to a repayment schedule of $500 per month,. You will charge 1.5 percent per month interest on the overdue balance. If the current balance is $18,000 how long will it take for the account to be paid off ?

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