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63. Jessica Qin purchased a small company for $189,000. The seller agreed to accept annual payments of $24,000 at an interest rate of 7.5 percent.

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63. Jessica Qin purchased a small company for $189,000. The seller agreed to accept annual payments of $24,000 at an interest rate of 7.5 percent. How many years will it take Jessica to pay for this purchase? a. 10.75 years b. 12.00 years c. 12.35 years d. 14.65 years e. 15.33 years

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