Ciana wants to take out a $7,500 loan with a 5.3% APR. She can afford to pay $128 per month for loan payments. 22. What should be the length of her loan? Round to the nearest tenth of a year. a. 5.5...

Ciana wants to take out a $7,500 loan with a 5.3% APR. She can afford to pay $128 per month for loan payments.

22. What should be the length of her loan? Round to the nearest tenth of a year.
a. 5.5 years
b. 5.6 years
c. 5.7 years
d. 5.8 years

23. How would an increase of $20 to her monthly payment affect the length of her loan?
a. 0.9 years more
b. 0.9 years less
c. 0.8 years less
d. 0.8 years more