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One of your customers is delinquent on his accounts payable balance. You've mutually agreed to a repayment schedule of $600 per month. You will charge

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One of your customers is delinquent on his accounts payable balance. You've mutually agreed to a repayment schedule of $600 per month. You will charge 0.6 percent per month interest on the overdue balance. If the current balance is $17,728.50, it will take months for the account to be paid off. Round up to the next higher month. O 28 O 57 It will never be paid off. 0 42 O 33

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