The correct answer is in bold, and I need help to figure out who it was calculated

Question 7 0/1 point Everest Design and Construction Team withdrew $450000 from a loan it secured from a bank. The interest rate is 5% per year. If the company intends to pay back only $35000 per year starting a year from today, how many years it will take to complete the loan payment? Round up your answer to the nearest full year. T Answer: 53 X (30.25)