Question: I'm using a BAII plus Calculator I'd like the steps needed as well. One of your customers is delinquent on his accounts payable balance. Youve
I'm using a BAII plus Calculator I'd like the steps needed as well.
One of your customers is delinquent on his accounts payable balance. Youve mutually agreed to a repayment schedule of $596per month. You will charge 1.2 % per month interest on the overdue balance. If the current balance is $10754, how manyyearswill it take for the account to be paid off?(round your final answer to 1 decimal place)
Years:
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