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Cathy obtained a loan of $27,500 at 5.7% compounded quarterly. How long (rounded up to the next payment period) would it take to settle the

Cathy obtained a loan of $27,500 at 5.7% compounded quarterly. How long (rounded up to the next payment period) would it take to settle the loan with payments of $2,810 at the end of every quarter?

__ years ___months

Express the answer in years and months, rounded to the next payment period.

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