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Homework: 6-1 MyFinanceLab Assignment Save Score: 0 of 4 pts 6 of 12 (0 complete) HW Score: 0%, 0 of 50 pts P6-13 (similar to)

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Homework: 6-1 MyFinanceLab Assignment Save Score: 0 of 4 pts 6 of 12 (0 complete) HW Score: 0%, 0 of 50 pts P6-13 (similar to) Question Help (Annuity number of periods) How long will it take to pay off a loan of $45.000 at an annual rate of 11 percent compounded monthy if you make monthly payments of $7007 Use tive decimal places for the monthly percentage rate in your calculations. The number of years takes to pay of the loan is years. Round ta one decimal place.) Enter your answer in the answer box and then click Check Answer. All parts showing Clear Al Check

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