This set of problems is designed to be calculated using the Excel or financial calculator. You can also use algebraic formulas. Do not use financial tables to calculate these problems.

Cooling Tools, Inc. is currently producing 1,137 of small refrigerators per month but the companys CEO plans to increase production at a rate of 11.96 percent per month until the firm is producing 7,083 of refrigerators per month. How many months will this take?