Question: Question 9 10 pts Devon is planning to borrow $100,000 5 years from today (he will receive $100,000 at the end of year 5). He

Question 9 10 pts Devon is planning to borrow $100,000 5 years from today (he will receive $100,000 at the end of year 5). He has already agreed to pay back the loan in equal annual payments of $13,000 per year with his first payment at the end of year 6. How many years from today will he have the loan completely repaid if the interest rate is 7%? Answer Format: ENTER YOUR ANSWER AS A POSITIVE NUMBER INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$"" or any other formatting. Carry computation to at least 4 decimals and round your final answer to 2 decimal places. ######.##

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