5.833A M(1,A)= -dollars gives the monthly payment required to 1-0.933 pay off a loan of A thousand dollars borrowed at 7% annual interest for t years. Check: M(15,150) = 1353.083638 Use this information to answer the next two questions. What is the monthly payment for a 165 thousand dollar loan that is borrowed at a 7% annual interest rate for 25 years? Round your answer to the nearest cent (i.e. round to two decimal places). $ Question 12 1 pts How long would it take a person to pay off an $170,000 mortgage if they are able to pay $1500 a month? Round your answer to three decimal places. Answer: years