(Annuity number of periods) Alex Karev has taken out a $210,000 loan with an annual rate of 12 percent compounded monthly to pay off hospital bills from his wife Izzy's illness if the most Alex can afford to pay is $3,500 per month, how long will it take to pay off the loan? How Jong will it take for him to pay off the loan it he can pay $4,000 per month? Use five decimal places for the monthly percentage rate in your calculations a

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(Annuity number of periods) Alex Karev has taken out a $210,000 loan with an annual rate of 12 percent compounded monthly to pay off hospital bills from his wife Izzy's illness if the most Alex can afford to pay is $3,500 per month, how long will it take to pay off the loan? How Jong will it take for him to pay off the loan it he can pay $4,000 per month? Use five decimal places for the monthly percentage rate in your calculations a. It Alex can pay $3,500 per month, the number of years it takes for him to pay off the loan is years (Round to one decimal place)