(Annuity number of periods) You've just bought a new flat-screen TV for $3,000 and the store you bought it from ollors to let you france the entire purchase at an annual rate of 14 percent compounded monthly if you take the finanoing and make monthly payments of $100, how long will it take to pay off the loan? How much will you pay in intorest over the life of the loan? a. The number of years it will take to pay off the loan is yoars. (Round to one decmal place).)