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please do not copy and paste answers Number of payments. Tony is offering two fepeyment plans to Phil for a long overdue loan. Ofler f

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Number of payments. Tony is offering two fepeyment plans to Phil for a long overdue loan. Ofler f is to receive a visit trom an enforcer and the debt is diae in ful at once Ofier 2 is to pay back $4,400 at the end of the year at an interest rate of 17% untl Phit pays oft the loan princpal. Phit owes Tory 513,000 . How lang will it take for Phil ta pay off the loan if he tawes ofler 2 ? How long will a take for Phil to poky off the soan if he takes otler 2 ? yeats (Round to two decimal places)

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