Check my work Suppose you are committed to owning a $196,000 Ferrari. If you believe your mut fund can achieve an annual rate of return of 12 percent and you want to buy the car in years on the day you turn 30, how much must you invest today? (Do not rou intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Investment Check my work Suppose you are committed to owning a $196,000 Ferrari. If you believe your mut fund can achieve an annual rate of return of 12 percent and you want to buy the car in years on the day you turn 30, how much must you invest today? (Do not rou intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Investment