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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

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 1.7% 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. Round the final answer to 2 decimal places.)
Months for account to be paid off
months

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