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Amorigage of 3106,000 is to be repaid by making payments of 3819 at the end of each month. If interest is 4.29% per annum compounded

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Amorigage of 3106,000 is to be repaid by making payments of 3819 at the end of each month. If interest is 4.29% per annum compounded annually, what is the lerm of the mortgage? State your answer in years and months (trom 0 to 11 months). The term of the morfage in year(s) and month(s)

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