For his business, Nicholas leased equipment valued at $25,000. The terms of the lease required payments of $1950 e every month. If the he first payment is due eighteen months after the lease was signed and interest is 596 compounded semi-annually, what is the term of the lease? State your answer in years and months from 0 to 11 months) The term of the lease is ...year(s) and..month(s)