Homework: Chapter 6 Homework Score: 0 of 1 pt X P6-14 (similar to) 7 of 14 (14 complete) HW Score: 90.48%, 12.67 of 14 pts Question Help (Annuity number of periods) Alex Karehas taken out a 200.000 can win rate of percent compounded monthly to pay of hospitals from his wife try's less the most Alex can afford to pay is $3.000 per month, how long wil it take to pay of the loan? How long will take for him to pay off the loan if he can pay $3,500 per month? Use five decimal places for the monthly percentage rate in your calculations Alex can pay $3.000 per month, the number of years it takes for him to pay off the loan is year. Round to one decimal place) Enter your answer in the answer box and then click Check Answer 1 ring