Joey purchased an n-year par-value 2,000 bond that had a coupon rate of 9% convertible quarterly. Todd purchased a par-value bond with an identical coupon rate but having a term of 2n years. The coupons that Joey and Todd received in the first n years were identical and both bonds had a yield rate of 6% convertible quarterly. Todd paid 233.02 more than Joey. Calculate n. Note that 4n must be an integer.

Please don't use excel