Question: 4-12: How many months will it take to pay off a $525 debt, with monthly payments of $15 at the end of each month, if

4-12: How many months will it take to pay off a $525 debt, with monthly payments of $15 at the end of each month, if the interest rate is 18%, compounded monthly? Calculuate the answer to this problem using Microsoft Excel's built in economic functions.

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