Finest Furniture will sell a colour television set priced at $1395 for $50 down and payments of $50 per month, including interest at 13.5% compounded monthly. How long after the date of purchase will the final payment be made?

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The Answer of Finest Furniture will sell a colour television set priced at $1395 for $50 down and payments of $50 per month, including interest at 13.5% compounded monthly. How long after the date of purchase will the final payment be made?

Finest Furniture Will Sell a Colour Television Set Priced at $1395