8. You're trying to save to buy a new Ferrari that costs $190,000. You have $40,000 today that you can invest at your bank or in the stock market. Assuming that you earn an average annual compounded interest rate of 5.0% on your initial investment of $40,000, how long will it take you rounded to the nearest tenth of a year before you have enough to buy a car? Disregard any impact from taxes pn the interest/capital gains that you will earn