Solution-Interest rate on the loan is compounded semi

How long will it take monthly payments of $460 to repay a $35,000 loan if the interest rate on the loan is 8.2% compounded semi annually?

-8 years and 11 months
- 7 years and 10 months
- 10 years and 7 months
- 9 years and 5 months

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Interest rate on the loan is compounded semi annually : How long will it take monthly payments of $460 to repay a $35,000 loan if the interest rate on the loan is 8.2% compounded semi annually?

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