How long will it take to pay off a loan of $52,000 at an annual rate of 8 percent compounded monthly if you make monthly payments of $600? Use five decimal places for the monthly percentage rate in your calculations.

The number of years it takes to pay off the loan is ___ years. (Round to one decimal place.)

for the mentify percentage rate in your calculations. The number of years it takes to pay off the loan is years. (Round to one decimal place.)