Calculate the term, expressed in years and months, of the following ordinary annuity, using the financial calculator.

Financial Calculator

A specialized calculator used for complex financial calculations, including interest rates, loan payments, and investment values.

Expressed

Clearly stated, demonstrated, or articulated in a particular manner.

Years

Years are units of time used to measure duration, consisting of 12 months or 365 days in a common year and 366 in a leap year.