How many months will it take to pay off a debt

Reference no: EM132156811

Question: 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? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132156811

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