Question: I need the answer as soon as possible Please. How long will it take for end-of-quarter payments of $625 to pay off a loan of

I need the answer as soon as possible Please.

I need the answer as soon as possible Please. How long will

How long will it take for end-of-quarter payments of $625 to pay off a loan of $16,700 at 7% compounded monthly? (3 marks) 1. What is the Computed Value of N? In the next 2 boxes, please state the total time to pay off the loan (in years and months): 2. Please enter the Years portion of the term. 3. Please enter the Months portion of the term. 4. And what will the approximate size of the final payment be? (1 mark) Blank # 1 A/ Blank # 2 p Blank # 3 Blank #4 AM

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