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One of your customers is delinquent on his accounts payable balance. You've mutually agreed to a repayment schedule of $ 5 0 0 per month.

One of your customers is delinquent on his accounts payable balance. You've mutually agreed to a repayment schedule of $500 per month. You will charge 1.7 percent per month interest on the overdue balance.
If the current balance is $16,000, how long will it take for the account to be paid off? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g.,32.16))
Months for account to be paid off
months
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