How long will it take for the account to be paid off

Reference no: EM131419480

Calculating Number of Periods One of your customers is delinquent on his accounts payable balance. You've mutually agreed to a repayment schedule of $375 per month. You will charge 0.9 percent per month interest on the overdue balance. If the current balance is $13,200, how long will it take for the account to be paid off?

Reference no: EM131419480

Questions Cloud

Why was the evacuation of the hospital so successful : On the basis of your understanding on the topic, answer the following questions regarding the incidence of emergency evacuation mentioned above: Why was the evacuation of the hospital so successful

What kind of content will you create : What kind of content will you create? With which ideas, brands, and advertisers will you affiliate? What is your search engine optimization (SEO) strategy?

Why given is observational study rather than an experiment : Suggest several variables describing a child's home life that may be related to how much TV he or she watches. How would the effects of these variables make it difficult to conclude that more TV causes more aggressive behavior?

What roles does the agency undertake : Describe the duties of the FBI. What roles does the agency undertake?

How long will it take for the account to be paid off : You will charge 0.9 percent per month interest on the overdue balance. If the current balance is $13,200, how long will it take for the account to be paid off?

Describe the purpose of the bsha program : Write a 350- to 700-word email to a friend that describes the purpose of the BSHA program and how you believe it will help you achieve your goals.

Important for a learning organization : What are 3 areas that you consider important for a learning organization to do in order to grow and develop as an organization in this area?

Is given an experiment : One group uses the animation, and the other studies the text. The company retests all the students and compares the increase in creative writing in the two groups. Is this an experiment? Why or why not?

Discuss benefits to the reader : Discuss benefits to the reader. If negatives exist, present them compactly in the middle of the paragraph and link the negatives with the reader benefits (5-7 lines in length).

User Account

All Pages