I would like the answer to the question attached below

Lloyd is a diyorce attorney who practioes lawI in Florida. He wants to join the American Diyoroe Lawyers Association {ADLA}, a professional organization for diyorce attorneys. The membership dues for the ADLA are 936% per year and must be paid at the beginning of each year. For instance, membership dues for the first year are paid today, and dues for the second year are payable one year from today. However, the ADLA also has an option for members to buy a lifetime membership today for $5,:1CID and neyer haye to pay annual membership dues. Obviously, the lifetime membership isn't a good deal if you only remain a member for a oouple of years, but if you remain a member for 4:] years, it's a great deal. Suppose that the appropriate annual interest rate is 14%. What is the minimum number of years that Lloyd must remain a member of the ADLA so that the lifetime membership is cheaper {on a present value basis} than paying $500 in annual membership dues? {Hote: Round your answer up to the nearest year.) Q 12 years 0 21 years 0 14 years 0 1? years