45 . A 6. 2- acre parcel of land is being offered for $49 900. Stanley pays $200 down and finances the rest at 5. 95 % / a compounded monthly . If he pays $350 every month , how long will it take him to pay off the loan ? a . 9 years C . 61 years 7 months 20 years 7 months 246 years 3 months