You’re trying to save to buy a new $175,000 Ferrari. You have $53,000 today that can be invested at your bank. The bank

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answerhappygod
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You’re trying to save to buy a new $175,000 Ferrari. You have $53,000 today that can be invested at your bank. The bank

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You’re trying to save to buy a new $175,000 Ferrari. You have$53,000 today that can be invested at your bank. The bank pays 2.9percent annual interest on its accounts. How long will it be beforeyou have enough to buy the car? (Do not roundintermediate calculations and round your answer to 2 decimalplaces, e.g., 32.16.)
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