Question $2$ of $3$

Michael will make payments of $$150$ at the end of every month to settle a loan of $$1,100$ at $5\mathrm{.}40\%$ compounded semi$-$annually that he received to purchase a television.

a$.$ How many deposits will he have to make?

Round up to the next whole number

b$.$ How long will he have to make these payments?

years months