An investor purchased a deferred annuity contract for $30,000, a price calculated to provide a rate of return on investments of 7% compounded quarterly. The end-of- quarter payments of $1076.71. once started. continue for a term of twelve years and six months. How long is the period of deferral (in years and months)? Include a well- labelled timeline diagram. Do not round intermediate values in your calculations. Provide your final answer in the accompanying textbox. Upload a copy of your hand-written solution to D2L under Assignments inside the Test 2 folder